Property profile & analytics
21245 Lorain Rd Fairview Park, OH 44126
- Office buildings
- 18,752 SF
- 0.71 lot acres
For Lease
View listing
$16 SF/Yr
Value Estimation
$395,000
Location Intelligence
Property ID
US66-1959253
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Current Use by Public Records
- Office buildings
Property Details for 21245 Lorain Rd
- Year built
- 1975
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 0.71 lot acres
- Property size
- 18,752 SF
- Zone code
- GB-A
- Property type
- Office buildings
- APN
- 321-34-032
- APU
- 32134032
Description
This exceptional two-story, 18,752-square-foot office building, situated on 0.71 acres at 21245 Lorain Rd, Fairview Park, Ohio 44126 (cross streets: Lorain and W. 220th St.), presents a unique investment opportunity. Built in 1975, this Class C property features a single building with an elevator and ample parking. Currently, 4,405 square feet of space is available for lease, encompassing multiple suites. Two prominent suites are immediately available: one offering 3,525 square feet with 14 private offices, a reception area, a large bullpen, and two private restrooms
Value Estimation
by Realmo proprietary methodology
Last update: July 3, 2025
-
AI approach
- CAP return
- Estimation
- Estimation
- $460,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $330,000
- 6.5%
- $380,000
- 7%
- $350,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $320,000
- Geo Method
- $295,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $295,000
- Retail
- $375,000
- Mixed-Use
- $320,000
- Hospitality
- $315,000
- Educational
- $295,000
- Residential Income
- $270,000
- Energy
- $345,000
- Income-Based Land
- $345,000
- Food Service
- $370,000
Location Insight
- Map
- Local Demand
- City
- Fairview Park
- County
- Cuyahoga
- State
- Ohio
- Longitude
- -81.8555
- Latitude
- 41.4445
- CBSA code
- 17460
- CBSA name
- CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$11,872
$68,220
$45,710
$113,930
-
$194,900
$130,600
$325,500
