Property profile

2251 Tower Blvd Lorain, OH 44053

OFF-MARKET
Medical Office Space
Property ID
US66-5388547
3,536 SF 0.52 ac lot
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Total area 3,536 SF
Lot 0.52 ac (22,651 SF)
APN 02-02-007-101-068
UPID US66-5388547

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
  • Medical Clinic
  • Medical Laboratory
  • Medical Clinic

Location

2251 Tower Blvd Lorain, OH 44053-2369
Lorain metro Census 24200 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.26M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.36M

Owner & transaction history

since 2022
Last sale
$3.0M
2 recorded transactions
2022
$3.0M
2021
$650,000

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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