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    Property profile & analytics

    25020 Rainbow Dr Olmsted Twp, OH 44138-1361

    • Parking lots & garages
    • 1.96 lot acres
    OFF-MARKET
    Value Estimation
    $215,000
    Last Sale
    Nov 02, 2023
    $190,000
    Location Intelligence
    Property ID
    US66-2808171
    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.

    Current Use by Public Records

    • Parking lots & garages

    Property Details for 25020 Rainbow Dr

    Lot size
    1.96 lot acres
    Property type
    Parking lots & garages
    APN
    237-30-016
    APU
    23730016

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Olmsted Twp
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.8959
    Latitude
    41.4052
    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
    $1,099
    $11,800
    $1,540
    $13,340
    -
    $33,700
    $4,400
    $38,100

    Comparable in this City

    • Value Estimation by Request
      3.21 Acres

      25004 Ml Riv Rd

      RESIDENTIAL PARKING GARAGE • 3.21 Acres
      25004 Ml Riv Rd, Olmsted Falls, OH 44138-2000
      View Details
    • Value Estimation by Request
      3.21 Acres

      25060 Ml Riv Rd

      RESIDENTIAL PARKING GARAGE • 3.21 Acres
      25060 Ml Riv Rd, Olmsted Falls, OH 44138-2026
      View Details
    • Value Estimation by Request
      3.21 Acres

      25036 Ml Riv Rd

      RESIDENTIAL PARKING GARAGE • 3.21 Acres
      25036 Ml Riv Rd, Olmsted Falls, OH 44138-2025
      View Details
    • Value Estimation by Request

      5 Grand Blvd

      RESIDENTIAL PARKING GARAGE
      5 Grand Blvd, Olmsted Twp, OH 44138-2930
      View Details
    • Value Estimation by Request
      1,482 SF

      2 Grand Blvd

      RESIDENTIAL PARKING GARAGE • 1,482 SF
      2 Grand Blvd, Olmsted Twp, OH 44138-2931
      View Details
    • Value Estimation by Request
      400 SF

      8565 Metropolitan Blvd

      RESIDENTIAL PARKING GARAGE • 400 SF
      8565 Metropolitan Blvd, Olmsted Falls, OH 44138-2240
      View Details

    Similar Nearby for Sale

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      Residential Land Backing Private Lakes

      Buildable lot in Olmsted Twp with utilities at street.
      Bronson Rd, Olmsted Twp, OH 44138
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      Olmsted Buildable Lot Near Lake

      Just under 1 acre buildable lot near privately owned lake.
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      Two 5-acre parcels perfect for building a dream home.
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    Similar Nearby for Lease

    • Contact for pricing
      83,140 SF

      Mill River Plaza Retail Space

      High-traffic retail space, Cuyahoga County.
      8155 Columbia Rd, Olmsted Falls, OH 44138
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    • Contact for pricing
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      Olmsted Falls Commercial Land

      2.5-acre commercial lot, prime location.
      8152 Lewis Rd, Olmsted Falls, OH 44138
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    • Contact for pricing
      150,226 SF

      Olmsted Falls Warehouse - For Lease

      Massive warehouse, 150,226 sq ft, 15.7 acres.
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      View Details
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    25020 Rainbow Dr
    Olmsted Twp, OH 44138-1361
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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