Property profile

18840 Lorain Rd Fairview Park, OH 44126

OFF-MARKET
Investment properties
Property ID
US66-0499450
0.02 ac lot
Individually Owned 6-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Lot 0.02 ac (720 SF)
Zoning code R2F
APN 323-05-002
UPID US66-0499450

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Bed & Breakfast Restaurant

Location

18840 Lorain Rd Fairview Park, OH 44126-1912
Fairview Park metro Census 153107 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

since 2020
5 recorded transactions
2020
$325,000
2020
$289,000
1999
$184,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

R2F · Fairview Park, OH
Zoning description

The purpose of the R2F district is to provide areas for One family dwellings with or without attached garage, Two family dwellings with or without attached garage and necessary accessory uses

General category RESIDENTIAL

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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