Financial
Distress signals
Property profile

23460 Lorain Rd North Olmsted, OH 44070

FOR SALE
Office buildings
Property ID
US66-1301625
962 SF 2.25 ac lot Built 1955
Last sale Dec 2025
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property consists of land configured for lease and located at a high-traffic intersection, with traffic volume reported at more than 28,000 vehicles passing through the intersection daily.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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?
$19k
Tax billed · 2023
Assessed value$167k
Assessed land$122k
Assessed improvement$46k
Effective rate11.33%

Value estimate

· Sep 2026
$330k
$297k – $363k

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$163/SF
County average, outlier-cleaned · 697 recorded sales of this use type
Observed band · Q1–Q3$71 – $296
Qualifying comparables10

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 agency16.6
Parking Facility11.8
Law Firm11.5

Location

23460 Lorain Rd North Olmsted, OH 44070
County assessor Recorded deeds · 3 transfers 10 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
27521 Lorain, North Olmsted, OH 44070-4039 $385,000 Oct 2023 2,370 SF
29515 Lorain, North Olmsted, OH 44070-3910 $540,000 Feb 2023 1,817 SF
31269 Lorain, North Olmsted, OH 44070-4728 $600,000 Oct 2021 1,875 SF
29732 Lorain, North Olmsted, OH 44070-3914 $235,000 Jun 2019 2,053 SF
30692 Lorain, North Olmsted, OH 44070-4713 $237,000 May 2019 2,128 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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