Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Property profile

27350 Lorain Rd North Olmsted, OH 44070

OFF-MARKET
Commercial land
Property ID
US66-2297256
4,554 SF 0.99 ac lot Built 1974
Last sale Jul 2022 · $785,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

The property is a freestanding restaurant building totaling 2,494 square feet, constructed in 2023, situated on a 0.99-acre site. It is configured to support quick-service restaurant use and is also described as suitable for bank or medical use. The building is located on Lorain Road, an east–west corridor that connects to I-480 and the Stearns Road interchange, and the site has visibility and access along a high-traffic retail corridor with an identified traffic count of 17,765 vehicles per…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$16k
Tax billed · 2023
Assessed value$144k
Assessed land$144k
Effective rate11.33%

Value estimate

· Oct 2026
$670k
$603k – $737k
AI approach$600k
CAP approach$830k
Submarket $/SF estimate$447k

Realmo valuation models over county records and 39 qualifying comparable sales.

Recently sold

What actually traded nearby?
$93/SF
County average, outlier-cleaned · 156 recorded sales of this use type
Observed band · Q1–Q3$27 – $194
Qualifying comparables39

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCUYAHOGA

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency33.0
Building Supply27.5
Law Firm27.4

Location

27350 Lorain Rd North Olmsted, OH 44070-4034
County assessor Recorded deeds · 5 transfers 39 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
29992 Lorain, North Olmsted, OH 44070 $280,000 Aug 2024 840 SF
Brookpark, North Olmsted, OH 44070 $245,000 Jul 2024 No data
Brookpark, North Olmsted, OH 44070 $755,000 Jul 2024 No data
30630 Lorain, North Olmsted, OH 44070-4713 $45,000 Apr 2022 1,084 SF
30791 Lorain, North Olmsted, OH 44070-4717 $210,000 Jan 2020 1,200 SF
30692 Lorain, North Olmsted, OH 44070-4713 $237,000 May 2019 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 27350 Lorain Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved