Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

27178 Lorain Rd North Olmsted, OH 44070

FOR SALE
Drive through restaurants
Property ID
US66-5226090
2,064 SF 0.75 ac lot Built 2017
Last sale Aug 2017 · $2,200,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 9-yr Hold Held for 9 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Retail leasing space is available within Giant Eagle grocery store locations, configured for in-store customer access and visibility associated with regular grocery traffic. The spaces are situated within the main shopping environment and may support branding through opportunities for interior and exterior signage on the store façade. The listings indicate that retail tenants can accommodate a range of uses, including financial services (such as banks and credit unions), food and beverage…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$87k
Tax billed · 2023
Assessed value$770k
Assessed land$172k
Assessed improvement$598k
Effective rate11.33%

Value estimate

· Nov 2026
$415k
$374k – $457k
AI approach$415k
Submarket $/SF estimate$701k
NOI build-up
Gross scheduled income$34k
Vacancy & credit loss−$2k
Operating expenses−$8k
NOI · 1.12% cap applied$24k

Realmo valuation models over county records and 18 qualifying comparable sales.

Recently sold

What actually traded nearby?
$178/SF
County average, outlier-cleaned · 217 recorded sales of this use type
Observed band · Q1–Q3$65 – $340
Qualifying comparables18

Cap rate analysis

How does the asset earn?
1.12%
$24k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCUYAHOGA

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm26.3
Realty agency23.0
Building Supply13.4

Location

27178 Lorain Rd North Olmsted, OH 44070
County assessor Recorded deeds · 2 transfers 18 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
25021 Lorain, North Olmsted, OH 44070-2053 $450,000 Jun 2024 2,408 SF
26963 Lorain, North Olmsted, OH 44070-3211 $858,000 Mar 2024 1,922 SF
31635 Lorain, North Olmsted, OH 44070-4736 $240,000 Sep 2023 2,578 SF
24085 Lorain, North Olmsted, OH 44070-2233 $265,000 Mar 2023 1,500 SF
30871 Lorain, North Olmsted, OH 44070-4719 $320,000 Dec 2022 1,782 SF
26594 Sparky, North Olmsted, OH 44070 $655,000 Nov 2022 1,844 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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