12289 Leavitt Rd Oberlin, OH 44074
Property profile & analytics
12289 Leavitt Rd Oberlin, OH 44074
- Strip malls
- 8,680 SF
- 6.90 lot acres
Property ID
US66-2700143
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.
Location Intelligence
Current Use by Public Records
- Strip malls
Property Details for 12289 Leavitt Rd
- Year built
- 1983
- Lot size
- 6.90 lot acres
- Property size
- 8,680 SF
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 09-00-056-000-040
- APU
- 900056000040
Description
This exceptional retail opportunity is located at 12289 Leavitt Road in Oberlin, Ohio, within Lorain County's CLE - Northwest submarket. The property consists of two single-story buildings totaling 8,800 square feet situated on a 7-acre lot. The property is currently multi-tenant, offering flexible space options. Two units are immediately available for lease. Unit A offers 1,795 square feet of contiguous space, representing a prime location within this thriving retail center. Unit E provides 1,725 square feet of retail space. The minimum divisible space is 1,760 square feet, allowing for adaptability to various business needs. A significant portion of the property is currently vacant, totaling 3,555 square feet, presenting a unique chance for expansion or new tenancy. The center benefits from a strong anchor tenant, Discount DrugMart, ensuring high foot traffic and visibility. This property is ideal for businesses seeking a prominent location in a well-established retail environment. The property's location in Oberlin, Ohio, offers easy access to major transportation routes and a strong local customer base. This is a rare opportunity to secure retail space in a desirable location with significant potential for growth.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,121,000
- AI Estimate
- $565,000
Market price range: $317k - $1.12MMarket price range: $191k - $565k -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $670,000 Current use
- RESTAURANT
- $1,255,000 Change: +88% Conversion: Difficult
- MEDICAL BUILDING
- $810,000 Change: +21% Conversion: Difficult
- WAREHOUSE, STORAGE
- $775,000 Change: +16% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $715,000 Change: +7% Conversion: Difficult
- OFFICE BUILDING
- $710,000 Change: +6% Conversion: Moderate
- COMMERCIAL (GENERAL)
- $635,000 Change: -5% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Oberlin
- County
- Lorain
- State
- Ohio
- Longitude
- -82.2153
- Latitude
- 41.3094
- 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
$40,129
$82,065
$609,242
$691,307
-
$234,470
$1,740,690
$1,975,160
