Technical
Financial
Distress signals
Property profile

27713 Lorain Rd North Olmsted, OH 44070

OFF-MARKET
Retail space
Property ID
US66-0498564
11,988 SF 1.11 ac lot Built 2000
Entity Owned 25-yr Hold Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2000
Construction TYPE NOT SPECIFIED
Total area 11,988 SF
Lot 1.11 ac (48,504 SF)
APN 235-11-009
UPID US66-0498564

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
  • Medical Clinic
  • (Bike/Boat/Book/etc) Store Printing Service
  • Restaurant
  • Cosmetic Store
  • Pharmacy

Location

27713 Lorain Rd North Olmsted, OH 44070-4019
North Olmsted metro Census 174204 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.46M
Blend (final) Blend
$3.39M

Owner & transaction history

since 2001
2 recorded transactions
2001
$3.4M
2000
$873,000

Zoning & alternative use

Top alternative use upside
Restaurant $2.1M +82.8%
Office building $2.0M +67.0%
Medical building $1.3M +12.3%

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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