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    Property profile & analytics

    14550 Lorain Ave Cleveland, OH 44111-3199

    • Auto shops
    • 56,521 SF
    • 7.95 lot acres
    OFF-MARKET
    Value Estimation
    $980,000
    Last Sale
    Sep 24, 2024
    $1,000,000
    Location Intelligence
    Property ID
    US66-1303396
    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

    • PRIME CDL TRAINING CENTER LLC / Driving School
    • TRI-STATE AUTO LIQUIDATORS LLC / Car Dealer
    • Run & Drive Auto Sale LLC / Used Car Dealer
    • EMS Used Car Dealership / Car Dealer / Mechanic
    • G & H Towing & Recovery / Auto Repair Shop / Towing Service

    Property Details for 14550 Lorain Ave

    Year built
    1966
    Construction
    TYPE NOT SPECIFIED
    Lot size
    7.95 lot acres
    Property size
    56,521 SF
    Zone code
    GR
    Property type
    Auto shops
    APN
    024-30-002
    APU
    2430002

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,000,000

    • CAP approach

      CAP return
      Estimation
      6%
      $965,000
      6.5%
      $980,000
      7%
      $965,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,005,000
      Geo Method
      $890,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $920,000
      Retail
      $940,000
      Mixed-Use
      $715,000
      Hospitality
      $935,000
      Educational
      $895,000
      Residential Income
      $800,000
      Energy
      $885,000
      Income-Based Land
      $785,000
      Food Service
      $980,000

    Location Insight

    • Map
    • Local Demand
    City
    Cleveland
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.7958
    Latitude
    41.4551
    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
    $34,955
    $141,680
    $208,320
    $350,000
    -
    $404,800
    $595,200
    $1,000,000

    Comparable in this City

    • Value Estimation by Request
      0.12 Acres

      3561 105th St

      AUTO REPAIR, GARAGE • 0.12 Acres
      3561 105th St, Cleveland, OH 44111-3836
      View Details
    • Value Estimation by Request
      3,881 SF

      12144 Triskett Rd, Unit 12150

      AUTO REPAIR, GARAGE • 3,881 SF
      12144 Triskett Rd, Cleveland, OH 44111-2548
      View Details
    • Value Estimation by Request
      3,168 SF

      3265 117th St

      AUTO REPAIR, GARAGE • 3,168 SF
      3265 117th St, Cleveland, OH 44111-1704
      View Details
    • Value Estimation
      $175,000
      1,800 SF

      3592 130th St

      AUTO REPAIR, GARAGE • 1,800 SF
      3592 130th St, Cleveland, OH 44111-3422
      View Details
    • Value Estimation
      $95,000
      1,008 SF

      3497 105th St

      AUTO REPAIR, GARAGE • 1,008 SF
      3497 105th St, Cleveland, OH 44111-3711
      View Details
    • Value Estimation by Request
      3,527 SF

      11621 Bellaire Rd

      AUTO REPAIR, GARAGE • 3,527 SF
      11621 Bellaire Rd, Cleveland, OH 44111-5242
      View Details

    Similar Nearby for Sale

    • $2,650,000
      28,794 SF

      Former Auto Dealership on Lorain

      28,794 SF former auto dealership on 2.46 AC.
      16100 Lorain Ave, Cleveland, OH 44111
      View Details
    • Contact for pricing
      34,250 SF

      Kamm's Corner Redevelopment Opportunity

      Redevelopment opportunity in Kamm's Corners District on Lorain Ave.
      15200-15220 Lorain Ave, Cleveland, OH 44111
      View Details
    • Contact for pricing
      34,250 SF

      Kamm's Corners Redevelopment Opportunity

      34,250 SF redevelopment opportunity in Cleveland's Kamm's Corners District.
      15200 Lorain Ave, Cleveland, OH 44111
      View Details
    • Contact for pricing
      34,250 SF

      Kamm's Corners Redevelopment

      Prime Retail Redevelopment Opportunity
      15200 Lorain Ave, Cleveland, OH 44111
      View Details
    • Contact for pricing

      0.4 Acre Commercial Land, Cleveland

      Prime Cleveland location, high traffic, development ready.
      14039 Lorain Ave, Cleveland, OH 44111
      View Details
    • $495,000
      Pending

      Classic Triplex with Upgrades

      Well-maintained triplex with upgrades, strong rental income, and appreciation potential.
      3301 West Blvd, Cleveland, OH 44111
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      3,400 SF

      Lorain Avenue Retail Space Available

      Retail space with parking lot and public transportation access.
      12833 Lorain Ave, Cleveland, OH 44111
      View Details
    • Contact for pricing
      1,185 SF

      Freestanding Retail Building For Lease

      Freestanding retail building in high-density area with drive-thru potential.
      14002 Triskett Rd, Cleveland, OH 44111
      View Details
    • $1,200 /Mo
      4,722 SF

      Retail/Office Space in Cleveland, OH

      1,200 sq ft retail/office space in thriving West Park.
      12222 Lorain Ave, Cleveland, OH 44111
      View Details
    • Contact for pricing
      2,250 SF

      Retail Space in Community Center

      Retail space available in a busy Cleveland shopping center.
      10604-10950 Lorain Ave, Cleveland, OH 44111
      View Details
    • Contact for pricing
      6,617 SF

      Retail Space on Warren Road

      6,617 sq ft retail space available for rent.
      3300-3362 Warren Rd, Cleveland, OH 44111
      View Details
    • Contact for pricing
      4,123 SF

      Retail Spaces with Drive-Thru Potential

      Retail spaces available, can be combined, drive-thru opportunity, ample parking.
      13693-13711 Lorain Ave, Cleveland, OH 44111
      View Details
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    Cleveland, OH 44111-3199
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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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