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    Property profile & analytics

    21649 Lorain Rd, Unit 929 Fairview Park, OH 44126-3326

    • Bowling alleys
    • 47,000 SF
    • 12.79 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jun 12, 2025
    $13,800,000
    Location Intelligence
    Property ID
    US66-5277442
    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

    • Bowling alleys

    Property Details for 21649 Lorain Rd

    Year built
    1940
    Lot size
    12.79 lot acres
    Property size
    47,000 SF
    Property type
    Bowling alleys
    APN
    321-29-026
    APU
    32129026

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Fairview Park
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.8615
    Latitude
    41.4415
    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
    $371,556
    $1,169,980
    $2,395,610
    $3,565,590
    -
    $3,342,800
    $6,844,600
    $10,187,400

    Comparable in this City

    • Value Estimation by Request
      7.94 Acres

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      RESIDENTIAL PARKING GARAGE • 7.94 Acres
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    • Value Estimation by Request
      7.94 Acres

      22656 Lenox Dr, Unit 212

      RESIDENTIAL PARKING GARAGE • 7.94 Acres
      22656 Lenox Dr, Fairview Park, OH 44126-3600
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    • Value Estimation by Request
      7.94 Acres

      22539 Lenox Dr, Unit 513

      RESIDENTIAL PARKING GARAGE • 7.94 Acres
      22539 Lenox Dr, Fairview Park, OH 44126-3601
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    • Value Estimation by Request
      7.94 Acres

      22549 Lenox Dr, Unit 527

      RESIDENTIAL PARKING GARAGE • 7.94 Acres
      22549 Lenox Dr, Fairview Park, OH 44126-3601
      View Details
    • Value Estimation by Request
      7.94 Acres

      22689 Lenox Dr, Unit 622

      RESIDENTIAL PARKING GARAGE • 7.94 Acres
      22689 Lenox Dr, Fairview Park, OH 44126-3603
      View Details
    • Value Estimation by Request
      0.03 Acres

      Lorain Rd

      RETAIL STORES (PERSONAL SERVICES) • 0.03 Acres
      Lorain Rd, Fairview Park, OH 44126
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2,400 SF

      Freestanding Restaurant Opportunity

      Freestanding restaurant with liquor license and FF&E included.
      21467 Lorain Rd, Fairview Park, OH 44126
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    • $375,000
      Pending

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      Turn-key, renovated duplex near shopping, parks, and top-rated schools.
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    Similar Nearby for Lease

    • $16 SF/Yr
      18,752 SF

      Fairview Park Executive Office Space

      Prime Fairview Park office suites available.
      21245 Lorain Rd, Fairview Park, OH 44126
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    • Contact for pricing
      16,080 SF

      Office Space with Utilities Included

      Second floor office space available, includes all utilities.
      22021 Brookpark Rd, Fairview Park, OH 44126
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    • Contact for pricing
      5,670 SF

      Retail Space with Basement

      5,670 RSF retail space with 4,200 RSF basement.
      4425 W 220Th St, Fairview Park, OH 44126
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    • Contact for pricing

      Land Near Key Employers

      Land available near Cleveland Airport, NASA, and Cleveland Clinic.
      21895 Lorain Rd, Fairview Park, OH 44126
      View Details
    • Contact for pricing
      1,675 SF

      Retail Space Near Cleveland Airport

      Retail space available near Cleveland International Airport and Cleveland Medical Clinic.
      21649-21929 Lorain Rd, Fairview Park, OH 44126
      View Details
    • Contact for pricing
      10,000 SF

      Retail Space in High Traffic Area

      Retail space with excellent signage and surface parking available for rent.
      22049-22073 Lorain Rd, Fairview Park, OH 44126
      View Details
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    Fairview Park, OH 44126-3326
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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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