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    Property profile & analytics

    140 Lear Rd Avon Lake, OH 44012-1908

    • Retail space
    • 3,864 SF
    • 0.25 lot acres
    OFF-MARKET
    Value Estimation
    $305,000
    Last Sale
    Nov 19, 2020
    Location Intelligence
    Property ID
    US66-2467874
    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

    • Isla's Ice Cream / Ice Cream Shop

    Property Details for 140 Lear Rd

    Year built
    1960
    Lot size
    0.25 lot acres
    Property size
    3,864 SF
    Property type
    Retail space
    APN
    04-00-019-137-005
    APU
    400019137005

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Avon Lake
    County
    Lorain
    State
    Ohio
    Longitude
    -81.9886
    Latitude
    41.5085
    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
    $5,141
    $19,250
    $49,994
    $69,244
    -
    $55,000
    $142,840
    $197,840

    Comparable in this City

    • Value Estimation
      $290,000
      1,500 SF

      144 Lear Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,500 SF
      144 Lear Rd, Avon Lake, OH 44012-1908
      View Details
    • Value Estimation
      $600,000
      13,982 SF

      32798 Walker Rd

      RETAIL STORES (PERSONAL SERVICES) • 13,982 SF
      32798 Walker Rd, Avon Lake, OH 44012-1443
      View Details
    • Value Estimation by Request
      4,439 SF

      123 Miller Rd

      RETAIL STORES (PERSONAL SERVICES) • 4,439 SF
      123 Miller Rd, Avon Lake, OH 44012-1016
      View Details
    • Value Estimation by Request
      4,000 SF

      33680 Walker Rd

      RETAIL STORES (PERSONAL SERVICES) • 4,000 SF
      33680 Walker Rd, Avon Lake, OH 44012-1050
      View Details
    • Value Estimation
      $250,000
      3,225 SF

      156 Lear Rd

      RETAIL STORES (PERSONAL SERVICES) • 3,225 SF
      156 Lear Rd, Avon Lake, OH 44012-1908
      View Details
    • Value Estimation
      $245,000
      1,548 SF

      150 Lear Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,548 SF
      150 Lear Rd, Avon Lake, OH 44012-1908
      View Details

    Similar Nearby for Sale

    • $600,000
      4,000 SF

      Retail/Office Space on Walker Rd

      Retail/Office space available for sale on Walker Rd.
      33680 Walker Rd, Avon Lake, OH 44012
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    • Contact for pricing
      3.60 Acres

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      High-traffic, 3.6-acre commercial lot.
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    • $175,000
      1 SF

      Avon Lake Professional Office Condos

      Two professional office condos in prime Avon Lake location.
      33398 Walker D, Avon Lake, OH 44012
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    • $759,000
      9.35 Acres

      Avon Lake Development Land

      9.35 Acres, $759,000 - Prime Location
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      Avon Lake Commercial Office Condos

      Two professional office condos in prime Avon Lake location.
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    Similar Nearby for Lease

    • Contact for pricing
      5,000 SF

      Retail Space in Avon Lake

      Retail spaces available in established shopping center anchored by Giant Eagle.
      375 Lear Rd, Avon Lake, OH 44012
      View Details
    • Contact for pricing
      74,419 SF

      Learwood Square Retail Space

      Avon Lake retail space, prime location, multiple tenants.
      375-409 Lear Rd, Avon Lake, OH 44012
      View Details
    • Contact for pricing
      49,000 SF

      Avon Retail Center: 1,152 SF Available

      Prime Avon retail space; newly renovated, ample parking.
      33382 Walker Rd, Avon Lake, OH 44012
      View Details
    • $329,000

      Commercial Land on Pin Oak

      Commercial land for rent with excellent access and utilities.
      32866 Pin Oak Pkwy, Avon Lake, OH 44012
      View Details
    • Contact for pricing

      High-Visibility Avon Lake Land

      3.6-acre commercial lot, prime location.
      732 Avon Belden Rd, Avon Lake, OH 44012
      View Details
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    140 Lear Rd
    Avon Lake, OH 44012-1908
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    Realmo Value Estimation

    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.

    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.

    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
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