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Property profile

3801 Lorain Ave Cleveland, OH 44113

OFF-MARKET
Retail space
Property ID
US66-1295975
416 SF 0.11 ac lot Built 1965
Last sale Oct 2024 · $110,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 853-square-foot commercial property, located at 3801 Lorain Avenue in Cleveland, Ohio, presents a unique redevelopment opportunity in a rapidly growing area. The single-story building sits on a 0.206-acre lot and is zoned LR-D3, offering versatility for various retail or office uses. Its prime location in Ohio City provides excellent walkability to numerous attractions, including the West Side Market, Pins Mechanical Co, INTRO Cleveland, and Great Lakes Brewing Company, all…

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$21k
Assessed land$9k
Assessed improvement$12k
Effective rate13.86%

Value estimate

· Oct 2026
$110k
$99k – $121k
AI approach$110k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$64/SF
Submarket average, outlier-cleaned · 450 recorded sales of this use type
Observed band · Q1–Q3$29 – $110

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: Tailor Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Tailor Shop10.0
Accounting Firm9.9
Dry Cleaner9.6

Location

3801 Lorain Ave Cleveland, OH 44113
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2098 25th, Cleveland, OH 44113 $240,000 Nov 2024 2,380 SF
4417 Detroit, Cleveland, OH 44113-2730 $60,000 Mar 2024 1,706 SF
2670 14th, Cleveland, OH 44113-5216 $152,250 Apr 2023 1,820 SF
1828 Fulton, Cleveland, OH 44113-3036 $134,000 Jan 2023 1,560 SF
2448 14th, Cleveland, OH 44113-4406 $430,000 Aug 2022 1,680 SF
4118 Lorain, Cleveland, OH 44113-3719 $75,000 Oct 2021 960 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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