Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1049 Ctr Rd, Unit 43 Avon, OH 44011-1219

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1049 Ctr Rd, Unit 43 Avon, OH 44011-1219

    View on Map
    • Warehouses
    • 990 SF
    Off-Market
    Property ID
    US66-5191616
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • DRS Photography / Photography Service / (Bike/Boat/Book/etc) Store
    • Apex Auto Tinting Of Cleveland / Auto Repair Shop
    • Cleveland Paintless Dent Repair / Auto Repair Shop
    • Intoxalock Ignition Interlock / Building Supply / General Contractor
    • Knight In Shining Armor Paint Correction, Ceramic Coatings & Detailing LLC / Car Wash

    Property Details for 1049 Ctr Rd

    Property size
    990 SF
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    04-00-016-701-043
    APU
    400016701043

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Avon
    County
    Lorain
    State
    Ohio
    Longitude
    -82.0162
    Latitude
    41.4746
    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
    $1,826
    $7,000
    $21,448
    $28,448
    -
    $20,000
    $61,280
    $81,280

    Comparable in this City

    • Value Estimation by Request
      1,125 SF

      1049 Ctr Rd, Unit 12

      MINI-WAREHOUSE, STORAGE • 1,125 SF
      1049 Ctr Rd, Avon, OH 44011-1219
      View Details
    • Value Estimation by Request
      990 SF

      1049 Ctr Rd, Unit 50

      MINI-WAREHOUSE, STORAGE • 990 SF
      1049 Ctr Rd, Avon, OH 44011-1219
      View Details
    • Value Estimation
      $1,440,000
      9,900 SF

      38390 Chester Rd

      MINI-WAREHOUSE, STORAGE • 9,900 SF
      38390 Chester Rd, Avon, OH 44011-1000
      View Details
    • Value Estimation
      $1,550,000
      10,800 SF

      998 Ctr Rd

      MINI-WAREHOUSE, STORAGE • 10,800 SF
      998 Ctr Rd, Avon, OH 44011-1204
      View Details
    • Value Estimation by Request
      990 SF

      1049 Ctr Rd, Unit 16

      MINI-WAREHOUSE, STORAGE • 990 SF
      1049 Ctr Rd, Avon, OH 44011-1219
      View Details
    • Value Estimation by Request
      990 SF

      1049 Ctr Rd, Unit 23

      MINI-WAREHOUSE, STORAGE • 990 SF
      1049 Ctr Rd, Avon, OH 44011-1219
      View Details

    Similar Nearby for Sale

    • $725,000

      Avon Flex Building on Colorado

      11,000 sq ft flex building on 1.31 acres.
      37207 Colorado Ave, Avon, OH 44011
      View Details
    • $995,000
      5,040 SF

      Industrial Building on Five Acres

      5,040 SF industrial building on 5 acres for sale.
      34550 Chester Rd, Avon, OH 44011
      View Details
    • Contact for pricing

      Highway Development Sites Off I-90

      Two highway development sites in expanding Avon corridor.
      Just Imagine Dr, Avon, OH 44011
      View Details
    • Contact for pricing

      Prime Commercial Land in Avon

      One-acre commercial land in a high-growth retail area.
      35519 Schneider Ct, Avon, OH 44011
      View Details
    • Contact for pricing

      Avon Development Land For Sale

      Development land with highway visibility near Interstate 90.
      38296 Colorado Ave, Avon, OH 44011
      View Details
    • $350,000

      Avon Office Building For Sale

      Professional office building in Avon, remodeled in 2017.
      37040 Colorado Ave, Avon, OH 44011
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      70,000 SF

      Avon Manufacturing/Office Space Available

      70,000 SF manufacturing/office space for lease in Avon, OH.
      1500 Nagel Rd, Avon, OH 44011
      View Details
    • Contact for pricing

      Industrial Building on 5 Acres

      5,040 SF industrial building with fenced parking and acreage.
      34550 Chester Rd, Avon, OH 44011
      View Details
    • $9 SF/Yr
      55,000 SF

      Avon Warehouse Space Available

      55,000 SF warehouse space near Ohio Ford Assembly Plant.
      37988 Avon Commerce Pkwy, Avon, OH 44011
      View Details
    • $2,900 /Mo
      44,867 SF

      Avon Warehouse and Office Space

      Well-maintained warehouse and office building near I-90 in Avon, OH.
      1224 Lear Industrial Pkwy, Avon, OH 44011
      View Details
    • Contact for pricing
      120,000 SF

      Avon Commerce Park: Prime Industrial Space

      Modern industrial space, flexible layouts, rail access.
      37988 Avon Commerce Pkwy, Avon, OH 44011
      View Details
    • Contact for pricing

      Prime Retail Space in Avon

      Retail space available in high-traffic Avon location.
      36053 Detroit Rd, Avon, OH 44011
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1049 Ctr Rd, Unit 43
    Avon, OH 44011-1219
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!