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    Property profile & analytics

    2950 Broadway Lorain, OH 44055-1271

    • Gas stations
    • 6,695 SF
    • 0.32 lot acres
    OFF-MARKET
    Value Estimation
    $315,000
    Last Sale
    Dec 28, 2020
    Location Intelligence
    Property ID
    US66-1560492
    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.

    Current Use by Public Records

    • Gas stations

    Property Details for 2950 Broadway

    Year built
    1930
    Lot size
    0.32 lot acres
    Property size
    6,695 SF
    Property type
    Gas stations
    APN
    02-01-003-203-028
    APU
    201003203028

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lorain
    County
    Lorain
    State
    Ohio
    Longitude
    -82.1651
    Latitude
    41.4435
    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
    $2,943
    $7,319
    $30,139
    $37,458
    -
    $20,910
    $86,110
    $107,020

    Comparable in this City

    • Value Estimation by Request
      3,520 SF

      2803 Broadway

      GAS STATION • 3,520 SF
      2803 Broadway, Lorain, OH 44055-1274
      View Details
    • Value Estimation
      $210,000
      2,260 SF

      3139 Grv Ave

      GAS STATION • 2,260 SF
      3139 Grv Ave, Lorain, OH 44055-2053
      View Details
    • Value Estimation
      $230,000
      727 SF

      2850 Grv Ave

      GAS STATION • 727 SF
      2850 Grv Ave, Lorain, OH 44055-2040
      View Details
    • Value Estimation
      $310,000
      1,656 SF

      1161 Rdg E Rd

      GAS STATION • 1,656 SF
      1161 Rdg E Rd, Lorain, OH 44055-3032
      View Details
    • Value Estimation
      $270,000
      1,884 SF

      5411 Pearl Ave

      GAS STATION • 1,884 SF
      5411 Pearl Ave, Lorain, OH 44055-3366
      View Details
    • Value Estimation
      $285,000
      1,290 SF

      2425 Rdg E Rd

      GAS STATION • 1,290 SF
      2425 Rdg E Rd, Lorain, OH 44055-3902
      View Details

    Similar Nearby for Sale

    • $500,000
      1,624 SF

      Lorain Retail Business for Sale

      Established Grocery Store, Turnkey Operation
      2957 Pearl Ave, Lorain, OH 44055
      View Details
    • $500,000
      0.33 Acres

      Established Grocery Store Opportunity

      Profitable grocery store with real estate, equipment, and licenses included.
      2957 Pearl Ave, Lorain, OH 44055
      View Details
    • $40,000
      0.74 Acres

      Residential Land in Established Neighborhood

      0.74 acre lot for dream home in Lorain, OH.
      Vl Ridgewood St, Lorain, OH 44055
      View Details
    • Contact for pricing
      0.16 Acres

      Residential Lot in Lorain, OH

      Buildable residential lot in Lorain, OH, value-priced.
      1711 E 30Th St, Lorain, OH 44055
      View Details
    • $33,500
      0.70 Acres

      Lorain Industrial Land - $33,500

      0.7-acre Industrial Lot, Lorain, OH
      0 Pearl Ave, Lorain, OH 44055
      View Details
    • Contact for pricing

      Commercial Land Opportunity Available

      Commercial land suitable for various business ventures, great location.
      2343 N Ridge Rd E, Lorain, OH 44055
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      11,312 SF

      Former Rite Aid Retail Building

      Freestanding 11,312 SF building, high traffic, strong sales history.
      2853 Grove Ave, Lorain, OH 44055
      View Details
    • Contact for pricing
      1,264 SF

      Lorain-Elyria Retail Corridor Space

      Retail spaces available in Sheffield Center Plaza, Lorain, OH.
      120-400 Sheffield Ctr, Lorain, OH 44055
      View Details
    • Contact for pricing
      9,000 SF

      Retail Space in Sheffield Center

      Retail spaces available in Lorain-Elyria retail corridor.
      105 Sheffield Ctr, Lorain, OH 44055
      View Details
    • Contact for pricing
      20,765 SF

      Retail Space in Lorain, Ohio

      Save A Lot anchored shopping center on Route 57.
      2222 Fairless Dr, Lorain, OH 44055
      View Details
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    2950 Broadway
    Lorain, OH 44055-1271
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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