Realmo Analytics

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Property profile

5505 Lorain Ave 09 Cleveland, OH 44102

OFF-MARKET
Retail space
Property ID
US66-2551755
5,050 SF 0.2 ac lot Built 1890
Last sale Oct 2025 · $320,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a mixed-use building in Cleveland, Ohio (Cuyahoga County), sited on a lot of approximately 0.1984 acres. It features two retail spaces on the main floor, each approximately 1,500 square feet, and an enclosed courtyard. A garage/warehouse area is included and is accessed via a drive-in overhead door. The second floor is configured for potential additional uses, such as 3–4 offices or residential apartments. The building is located in a high-traffic commercial area with…

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?
$3k
Tax billed · 2023
Assessed value$28k
Assessed land$10k
Assessed improvement$18k
Effective rate9.99%

Value estimate

· Nov 2026
$85k
$77k – $94k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$61/SF
ZIP average, outlier-cleaned · 26 recorded sales of this use type
Observed band · Q1–Q3$22 – $86
Qualifying comparables8

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

What can be built here?
LR
JurisdictionCUYAHOGA

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office34.3
Law Firm26.8
Realty agency26.5

Location

5505 Lorain Ave, Unit 09 Cleveland, OH 44102-3234
County assessor Recorded deeds · 2 transfers 8 qualifying comp sales Zoning catalog

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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
8206 Detroit, Cleveland, OH 44102-2843 $85,000 May 2025 6,132 SF
9507 Denison, Cleveland, OH 44102 $13,000 Mar 2025 4,845 SF
5801 Detroit, Cleveland, OH 44102-3001 $110,000 Dec 2024 5,660 SF
3106 73rd, Cleveland, OH 44102-5270 $12,500 Jul 2023 4,688 SF
6912 Lorain, Cleveland, OH 44102-4335 $300,000 Apr 2023 4,000 SF
4800 Denison, Cleveland, OH 44102-6021 $50,000 Mar 2023 6,050 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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