Technical
Financial
Distress signals
Property profile

2241 42nd St Lorain, OH 44055

OFF-MARKET
Strip malls
Property ID
US66-2138964
9,658 SF 1.02 ac lot Built 1965
Entity Owned 7-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1965
Total area 9,658 SF
Lot 1.02 ac (44,431 SF)
APN 03-00-099-114-031
UPID US66-2138964

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
  • Shopping Center & Mall
  • Grocery & Convenience Store Food Market
  • (Bike/Boat/Book/etc) Store

Location

2241 42nd St Lorain, OH 44055-3501
Lorain metro Census 97500 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$315k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$295k

Owner & transaction history

since 2018
1 recorded transaction
2018
$350,000

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
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