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    Property profile & analytics

    201 5th St Lorain, OH 44052-1609

    • Investment properties
    • 2,448 SF
    • 0.05 lot acres
    OFF-MARKET
    Value Estimation
    $180,000
    Location Intelligence
    Property ID
    US66-2622480
    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

    • Speak of the Devil / Bar
    • sefsdf / Bar

    Property Details for 201 5th St

    Year built
    1902
    Lot size
    0.05 lot acres
    Property size
    2,448 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    02-01-004-103-010
    APU
    201004103010

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lorain
    County
    Lorain
    State
    Ohio
    Longitude
    -82.1765
    Latitude
    41.4662
    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
    $1,605
    $3,049
    $17,385
    $20,434
    -
    $8,710
    $49,670
    $58,380

    Comparable in this City

    • Value Estimation by Request
      2,615 SF

      516 15th St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,615 SF
      516 15th St, Lorain, OH 44052-3538
      View Details
    • Value Estimation by Request
      560 SF

      115 4th St

      OFFICE/RESIDENTIAL (MIXED USE) • 560 SF
      115 4th St, Lorain, OH 44052-1601
      View Details
    • Value Estimation by Request
      2,500 SF

      1840 Broadway

      OFFICE/RESIDENTIAL (MIXED USE) • 2,500 SF
      1840 Broadway, Lorain, OH 44052-3625
      View Details
    • Value Estimation
      $185,000
      3,800 SF

      960 Broadway

      OFFICE/RESIDENTIAL (MIXED USE) • 3,800 SF
      960 Broadway, Lorain, OH 44052-1950
      View Details
    • Value Estimation by Request
      2,750 SF

      846 Broadway

      OFFICE/RESIDENTIAL (MIXED USE) • 2,750 SF
      846 Broadway, Lorain, OH 44052-1808
      View Details
    • Value Estimation
      $285,000
      3,350 SF

      720 Broadway, Unit 204

      OFFICE/RESIDENTIAL (MIXED USE) • 3,350 SF
      720 Broadway, Lorain, OH 44052-1860
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

    • New
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    • Contact for pricing
      4,000 SF

      Retail Space in Grocery Anchored Center

      Retail spaces available in high-traffic, grocery-anchored shopping center.
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      View Details
    • Contact for pricing
      675 SF

      Retail Space in Lorain, OH

      Retail spaces available in grocery-anchored shopping center.
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    • Contact for pricing
      10,500 SF

      Broadway Ave Retail Space

      Lorain, OH: 3,500 SF Available
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      View Details

    Property Visit Statistics

    • Visits by month
      1.0k
    • Visitors by month
      982
    • Avg Time on site
      14 min
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    201 5th St
    Lorain, OH 44052-1609
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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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