Financial
Distress signals
Property profile

27048 Lorain Rd North Olmsted, OH 44070

FOR SALE
Outlet malls
Property ID
US66-1544432
45,297 SF 4.44 ac lot Built 1989
Last sale Aug 2020 · $2,400,000
Trust Owned Owner of record is a trust. 6-yr Hold Held for 6 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$176k
Tax billed · 2023
Assessed value$1.56M
Assessed land$596k
Assessed improvement$960k
Effective rate11.33%

Value estimate

· Sep 2026
$2.20M
$1.98M – $2.41M
AI approach$2.23M
Sales comparison$3.16M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$98/SF
ZIP average, outlier-cleaned · 19 recorded sales of this use type
Observed band · Q1–Q3$48 – $122

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: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm26.3
Realty agency23.0
Building Supply13.4

Location

27048 Lorain Rd North Olmsted, OH 44070
County assessor Recorded deeds · 8 transfers Qualifying comp sales · not on file 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

5 recorded sales · 8 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
26635 Brookpark Rd, North Olmsted, OH 44070-3137 $2,100,000 Feb 2026 15,875 SF
26508 Lorain, North Olmsted, OH 44070-3203 $3,937,500 Jan 2024 54,662 SF
24869 Lorain, North Olmsted, OH 44070-2049 $1,542,000 Sep 2022 9,700 SF
25999 Lorain, North Olmsted, OH 44070-2737 $16,000,000 Apr 2022 104,451 SF
23250 Lorain, North Olmsted, OH 44070-1622 $2,100,000 Aug 2021 40,020 SF
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
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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