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    Property profile & analytics

    2156 28th St Lorain, OH 44055-1900

    • Turn key restaurants
    • 1,200 SF
    • 0.14 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jun 08, 2022
    $30,000
    Location Intelligence
    Property ID
    US66-1312957
    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

    • Turn key restaurants

    Property Details for 2156 28th St

    Year built
    1920
    Lot size
    0.14 lot acres
    Property size
    1,200 SF
    Property type
    Turn key restaurants
    APN
    03-00-083-103-003
    APU
    300083103003

    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
    -82.1213
    Latitude
    41.4455
    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
    $2,306
    $3,735
    $25,620
    $29,355
    -
    $10,670
    $73,200
    $83,870

    Comparable in this City

    • Value Estimation by Request
      1,970 SF

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      1,250 SF

      2926 Pearl Ave

      RESTAURANT • 1,250 SF
      2926 Pearl Ave, Lorain, OH 44055-1835
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      $60,000
      2,812 SF

      2089 Rdg E Rd

      RESTAURANT • 2,812 SF
      2089 Rdg E Rd, Lorain, OH 44055-3413
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    • Value Estimation
      $70,000
      2,400 SF

      2133 28th St

      RESTAURANT • 2,400 SF
      2133 28th St, Lorain, OH 44055-1932
      View Details
    • Value Estimation by Request
      1,380 SF

      1628 28th St

      RESTAURANT • 1,380 SF
      1628 28th St, Lorain, OH 44055-1702
      View Details
    • Value Estimation by Request
      1,694 SF

      2215 28th St

      RESTAURANT • 1,694 SF
      2215 28th St, Lorain, OH 44055-2001
      View Details

    Similar Nearby for Sale

    • $500,000
      1,624 SF

      Lorain Retail Business for Sale

      Established Grocery Store, Turnkey Operation
      2957 Pearl Ave, Lorain, OH 44055
      View Details
    • $500,000
      0.33 Acres

      Established Grocery Store Opportunity

      Profitable grocery store with real estate, equipment, and licenses included.
      2957 Pearl Ave, Lorain, OH 44055
      View Details
    • $42,500
      Pending

      Land Parcel in Sheffield, OH

      2.39 acre land parcel with mature trees and wildlife.
      Vl School St, Sheffield, OH 44055
      View Details
    • Contact for pricing
      0.47 Acres

      Residential Land in Lorain, Ohio

      Almost half-acre lot in Clearview school district, zoned multi-family.
      Denver Ave, Lorain, OH 44055
      View Details
    • $159,900
      Pending

      Turnkey Duplex Investment Opportunity

      Well-maintained duplex in Lorain, fully leased, generating $1,700 monthly.
      2315/2317 Homewood Dr, Lorain, OH 44055
      View Details
    • Contact for pricing
      0.16 Acres

      Residential Lot in Lorain, OH

      Residential lot with buried utilities ready for development.
      1711 E 30Th St, Lorain, OH 44055
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      11,312 SF

      Former Rite Aid Retail Building

      Freestanding 11,312 SF building, high traffic, strong sales history.
      2853 Grove Ave, Lorain, OH 44055
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    • Contact for pricing
      1,264 SF

      Lorain-Elyria Retail Corridor Space

      Retail spaces available in Sheffield Center Plaza, Lorain, OH.
      120-400 Sheffield Ctr, Lorain, OH 44055
      View Details
    • Contact for pricing
      9,000 SF

      Retail Space in Sheffield Center

      Retail spaces available in Lorain-Elyria retail corridor.
      105 Sheffield Ctr, Lorain, OH 44055
      View Details
    • Contact for pricing
      20,765 SF

      Retail Space in Lorain, Ohio

      Save A Lot anchored shopping center on Route 57.
      2222 Fairless Dr, Lorain, OH 44055
      View Details
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    Lorain, OH 44055-1900
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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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