24485 Lorain Rd North Olmsted, OH 44070-2168
Property Lookup
Property profile & analytics
24485 Lorain Rd North Olmsted, OH 44070-2168
- Strip malls
- 24,499 SF
- 4.60 lot acres
Property ID
US66-0122275
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Western Union / Bank / Credit Union
- Discount Drug Mart / Pharmacy
- Discount Drug Mart, llc / Pharmacy
- Discount Drug Mart Deli / Food Market / Restaurant
Property Details for 24485 Lorain Rd
- Year built
- 1957
- Lot size
- 4.60 lot acres
- Property size
- 24,499 SF
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 237-01-018
- APU
- 23701018
Description
This exceptional property located at 24485 Lorain Road in North Olmsted, Ohio, presents a unique opportunity for businesses seeking versatile warehouse and retail space. Situated in Cuyahoga County, this multi-tenant building offers a total of 4,500 square feet, with 3,000 square feet currently available for lease. The property is classified as both retail and industrial, making it ideal for a variety of uses. Two individual spaces are immediately available, ranging in size from 1,260 to 1,500 square feet, providing flexibility for businesses of different scales. The building's location in North Olmsted, Ohio, offers convenient access to major transportation routes, ensuring efficient logistics and distribution. The property's zoning allows for a blend of retail and industrial operations, catering to businesses requiring both storefront presence and warehouse functionality. This presents a rare chance to secure prime commercial space in a thriving Ohio community. The available space is ready for immediate occupancy, allowing businesses to quickly establish their operations. Interested parties are encouraged to inquire promptly to secure this desirable property. The zip code for this location is 44070.
Value Estimations
based on Realmo’s proprietary methodology
-
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $2,595,000 Current use
- MEDICAL BUILDING
- $2,685,000 Change: +3% Conversion: Difficult
- RETAIL STORES
- $2,390,000 Change: -8% Conversion: Easy
- COMMERCIAL (GENERAL)
- $2,290,000 Change: -12% Conversion: Easy
- AUTO REPAIR, GARAGE
- $2,230,000 Change: -14% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- North Olmsted
- County
- Cuyahoga
- State
- Ohio
- Longitude
- -81.8933
- Latitude
- 41.4262
- CBSA code
- 17460
- CBSA name
- CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$120,243
$420,390
$640,990
$1,061,380
-
$1,201,100
$1,831,400
$3,032,500
