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Property profile & analytics
OFF-MARKET
Estimated value
$1,000,000
Strip malls
2100 Ctr Rd Ste A Avon, OH 44011-1892
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US66-0860226
Property summary
AI-generated overview
Center Plaza, located at 2100 Center Rd in Avon, OH 44011, offers a prime opportunity for businesses seeking office space in a thriving commercial district. This single-story, 25,359 square foot building, constructed in 2004, sits on a 1.86-acre lot (APN: 0400015109059) in Lorain County. The property is currently multi-tenant and features a flexible layout with spaces ranging from 1,000 to 3,000 contiguous square feet. Currently, 3,000 square feet of office space is immediately available. The building's location on Center Road provides excellent visibility and accessibility, benefiting from major transportation routes. This end-cap space is ideal for businesses seeking high traffic exposure in a rapidly growing area. The property's classification includes Retail, Office, and Food Service subtypes, offering versatility for various business needs. The building consists of one structure with a total of 25,359 square feet. Interested parties should inquire about lease terms and availability.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2003
Total area
26,650 SF
Lot
1.86 ac (81,022 SF)
APN
04-00-015-109-059
UPID
US66-0860226
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Juntyna Goodrum, Howard Hanna Real Estate Agency
-
ATM Lorain National Bank Bank Bank Or Atm
-
Thomas M. Steigerwalt, DC Alternative Medicine Practice
-
Avon and Westside Real Estate Agent Allison Caputo Real Estate Agency
-
Donna Templeton Realtor Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$655k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$823k
Blend (final)
Blend
$1.00M
Owner & transaction history
Sl Avon Center Fund LLC · 11 yrs held
Sl Avon Center Fund LLC
since 2015
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Avon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Avon submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$655,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.00M
Range $900k – $1.10M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$38 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$61,943
Tax year 2023
Assessed value
$964,880
Assessed 2023
Previous assessed
$964,880
+0.0% YoY
Effective rate
6.42%
On assessed value
Assessed land
$276,486
Assessed improvement
$688,394
Land market value
$789,960
Improvement market value
$1,966,840
Total market value
$2,756,800
Applied tax rate
10.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2003
Heating
NONE
Stories
1
Units
1
Total area
26,650 SF
Lot
1.86 ac (81,022 SF)
APN
04-00-015-109-059
UPID
US66-0860226
Jurisdiction
LORAIN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2003
Heating
NONE
Stories
1
Units
1
Lot
1.86 ac
Current owner
From public records · entity-resolved
Sl Avon Center Fund LLC
Entity
Mailing address
PO BOX 231, BOWLING GREEN, OH 43402-0231
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 13, 2017
—
Sl Avon Center Fund LLC
—
Deed
related
$3,487,500 · Signature Bk NA
Mar 3, 2015
$1,850,000
Sl Avon Center Fund LLC
Investors Warranty Of America
Grant Deed
related
$1,490,000 · A10 Cap
Nov 15, 2010
$244,368
Investors Warranty Of America INC
Sheriff Of Lorain County
Trustees Deed
—
Sep 2, 2003
—
2100 Center Ltd
Romes,gregory M & Christine M
Quit Claim Deed
related
$2,250,000 · Lorain National Bank
—
—
2100 Center Ltd
—
Deed Of Trust
related
$2,900,000 · Transamerica Occidental Life
—
—
Sl Avon Center Fund LLC
—
Deed Of Trust
related
$3,487,500 · Signature Bk NA
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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