Property profile

23525 Lorain Rd North Olmsted, OH 44070

OFF-MARKET
Office buildings
Property ID
US66-2118435
2,580 SF 0.72 ac lot Built 1952
Entity Owned 8-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1952
Construction WOOD
Total area 2,580 SF
Lot 0.72 ac (31,494 SF)
APN 237-08-002
UPID US66-2118435

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
  • Arcade & Gaming Center
  • Auto Repair Shop
  • General Contractor Construction Company

Location

23525 Lorain Rd North Olmsted, OH 44070-2200
North Olmsted metro Census 174207 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$370k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$370k

Owner & transaction history

since 2017
4 recorded transactions
2017
$157,349
2017
Price N/A
2016
$157,349
1969
Price N/A

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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