Technical
Financial
Distress signals
Property profile

2232 Fairless Dr Lorain, OH 44055

OFF-MARKET
Banks
Property ID
US66-1382463
2,412 SF 0.63 ac lot Built 1981
Entity Owned 6-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1981
Total area 2,412 SF
Lot 0.63 ac (27,443 SF)
APN 03-00-077-101-006
UPID US66-1382463

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
  • Loan Service Bank
  • Bank Loan Service
  • Atm

Location

2232 Fairless Dr Lorain, OH 44055-3533
Lorain metro Census 97500 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$715k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$765k

Owner & transaction history

since 2020
Last sale
$600,000
1 recorded transaction
2020
$600,000

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2232 Fairless Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message