2507 Erie Ave Lorain, OH 44053-1055
Property profile & analytics
2507 Erie Ave, Lorain, OH 44053-1055
- Office buildings
- 2,998 SF
- 0.46 lot acres
Property ID
US66-6246880
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
- SRL SAHER LLC / Car Dealership
Property Details for 2507 Erie Ave
- Year built
- 1976
- Lot size
- 0.46 lot acres
- Property type
- Office buildings
- APN
- 02-02-023-105-001
- APU
- 202023105001
Description
This exceptional retail property, located at 2507 W Erie Ave in Lorain, Ohio, presents a compelling investment opportunity. The 3,500 square foot building sits on a sizable 0.82-acre corner lot, offering excellent visibility and accessibility. Its strategic location on US-6, a major thoroughfare boasting an impressive 8,302 vehicles per day (VPD), ensures high traffic volume and significant exposure to potential customers. The property is zoned for retail use, providing flexibility for a variety of commercial ventures. Ample parking is available, enhancing convenience for both employees and patrons. The building's proximity to Lake Erie adds to its desirability and potential for attracting a diverse clientele. Offered at $350,000, this property represents a strong value proposition for investors seeking a well-situated retail space in a thriving Ohio market. The 44053 zip code offers a strong local demographic. This is a rare opportunity to acquire a prime retail location in Lorain County. Don't miss out on this chance to own a piece of Lorain's vibrant commercial landscape.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Lorain
- County
- Lorain
- State
- Ohio
- Longitude
- -82.204
- Latitude
- 41.4576
- 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
$3,712
$14,025
$33,233
$47,258
-
$40,070
$94,950
$135,020
