29047 Lorain Rd, Unit 29095 North Olmsted, OH 44070-4017
Property profile & analytics
29047 Lorain Rd, Unit 29095, North Olmsted, OH 44070-4017
- Strip malls
- 29,155 SF
- 3.51 lot acres
Property ID
US66-6106875
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
- Powerhouse Gym / Gym & Fitness Center
Property Details for 29047 Lorain Rd
- Year built
- 1970
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 3.51 lot acres
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 234-20-004
- APU
- 23420004
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jul 30, 2021 | $3,800,000 | Lorain Crocker Plaza LLC | Src Mentor LLC | Limited Warranty Deed | $2.9M · First National Bank Of Pennsylvania |
| Jul 29, 2021 | — | Src Mentor LLC | Lorain Stearns Plaza LLC | Quit Claim Deed · related | — |
| Nov 20, 2017 | — | Lorain Stearns Plaza LLC | — | Deed · related | $1.7M · Eriebank |
| Dec 30, 2010 | — | Lorain Stearns Plaza LLC | Viviani Family LP | Quit Claim Deed · related | $1.7M · Lake National Bank |
| Feb 26, 2002 | $1,276,500 | Src Mentor LLC | Viviani Family LP | Grant Deed | — |
| Feb 26, 2002 | $2,622,100 | Viviani Family LP | Steams-lorain Center Co | Grant Deed | $2.4M · Home Savings & Loan Youngstown |
| — | — | Lorain Stearns Plaza LLC | — | Deed Of Trust · related | $250k · Eriebank |
| — | — | Lorain Stearns Plaza LLC | — | Loan Modification · related | $1.7M · Eriebank |
| — | — | Viviani Family | — | Deed Of Trust · related | $2.4M · Home Savings & Loan Youngstown |
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $3,490,000
- ML approach
- $3,500,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $5,315,000
- 6.5%
- $4,905,000
- 7%
- $4,555,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,944,000
Market price range: $1.59M - $6.01M -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $3,090,000 Current use
- RESTAURANT
- $5,205,000 Change: +68% Conversion: Difficult
- OFFICE BUILDING
- $4,755,000 Change: +54% Conversion: Moderate
- MEDICAL BUILDING
- $3,195,000 Change: +3% Conversion: Difficult
- RETAIL STORES
- $2,845,000 Change: -8% Conversion: Easy
- COMMERCIAL (GENERAL)
- $2,725,000 Change: -12% Conversion: Easy
- AUTO REPAIR, GARAGE
- $2,650,000 Change: -14% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- North Olmsted
- County
- Cuyahoga
- State
- Ohio
- Longitude
- -81.9425
- Latitude
- 41.4068
- 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
$97,983
$428,370
$436,520
$864,890
-
$1,223,900
$1,247,200
$2,471,100
