Property profile

27881 Lorain Rd North Olmsted, OH 44070

OFF-MARKET
Office buildings
Property ID
US66-1602271
4,758 SF 1.37 ac lot Built 1986
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1986
Construction TYPE NOT SPECIFIED
Total area 4,758 SF
Lot 1.37 ac (59,706 SF)
APN 235-07-009
UPID US66-1602271

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
  • Telecommunications Service

Location

27881 Lorain Rd North Olmsted, OH 44070-4023
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
$685k
CAP Approach CAP
$840k
Comparable Approach Comparable
$754k
Blend (final) Blend
$685k

Owner & transaction history

since 2021
7 recorded transactions
2021
Price N/A
2003
$880,000
2003
Price N/A
1999
$1.8M
1969
Price N/A
1969
Price N/A
1969
Price N/A

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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