Technical
Financial
Distress signals
Property profile

2325 21st St Lorain, OH 44052

OFF-MARKET
Individual retail properties
Property ID
US66-2314017
8,407 SF 0.34 ac lot Built 1967
Entity Owned 7-yr Hold Free & Clear
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Property profile

Verified
Property type Individual retail properties
Use group APPLIANCE STORE
Year built 1967
Total area 8,407 SF
Lot 0.34 ac (14,810 SF)
APN 02-02-024-113-001
UPID US66-2314017

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
  • Discount Store

Location

2325 21st St Lorain, OH 44052-4037
Lorain metro Census 22800 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$519k
Blend (final) Blend
$445k

Owner & transaction history

since 2019
4 recorded transactions
2019
$1.5M
2014
$1.5M
2013
$281,800
2009
Price N/A

Zoning & alternative use

Top alternative use upside
Medical building $785,000 +50.7%
Restaurant $750,000 +44.5%
Office building $725,000 +39.6%

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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