Technical
Financial
Distress signals
Property profile

16113 Lorain Ave Cleveland, OH 44111

OFF-MARKET
Medical Office Space
Property ID
US66-2477182
3,200 SF 0.17 ac lot Built 1953
Entity Owned 18-yr Hold Free & Clear
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1953
Construction TYPE NOT SPECIFIED
Total area 3,200 SF
Lot 0.17 ac (7,198 SF)
Zoning code LR
APN 025-29-002
UPID US66-2477182

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

16113 Lorain Ave Cleveland, OH 44111
Cleveland metro Census 123603 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$245k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$245k

Owner & transaction history

since 2007
1 recorded transaction
2007
Price N/A

Zoning & alternative use

LR · Cleveland, OH

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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