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Property profile & analytics

12833 Lorain Ave Cleveland, OH 44111

  • Retail space
  • 3,410 SF
  • 0.21 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US66-5618342
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

  • Amberdale / Alcoholism Treatment Program

Property Details for 12833 Lorain Ave

Year built
1919
Construction
WOOD
Lot size
0.21 lot acres
Property size
3,410 SF
Zone code
GR
Property type
Retail space
APN
018-01-008
APU
1801008

Description

This exceptional 3,400 square foot retail space, currently vacant, presents a unique opportunity for a daycare center or similar special purpose business. Located at 12833 Lorain Avenue, between West 128th and West 129th Streets, on the south side of the street, this property boasts excellent visibility and accessibility. The building offers ample space for multiple classrooms, play areas, and administrative offices. A key advantage is the convenient location, directly across from a bus stop, ensuring easy access for families utilizing public transportation. While the property itself does not have dedicated on-site parking, there is a fenced-in lot at the rear and abundant street parking readily available, addressing the parking needs of staff and clients. The entire 3,400 square feet is currently available for lease, providing a blank canvas for a new daycare center to establish its presence. This is an ideal location for a business catering to families in the surrounding community, offering a combination of convenient access, ample space, and sufficient parking options. The property's current zoning and permitted uses should be verified independently. This is a rare opportunity to secure a substantial space in a high-traffic area.


Value Estimations

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  • CAP approach

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Location Insight

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  • Local Demand
City
Cleveland
County
Cuyahoga
State
Ohio
Longitude
-81.7782
Latitude
41.4586
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
$2,922
$9,800
$19,460
$29,260
-
$28,000
$55,600
$83,600
More about this property
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