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    Property profile & analytics

    29691 Lorain Rd North Olmsted, OH 44070-3913

    • Warehouses
    • 2,636 SF
    • 0.99 lot acres
    OFF-MARKET
    Value Estimation
    $405,000
    Location Intelligence
    Property ID
    US66-1919998
    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

    • Duffy & Associates Mediation Services / Meditation Center / Divorce Lawyer
    • Szarka Financial / Financial Planner / Financial Consultant
    • Corso's Italian Restaurant / Italian Restaurant / Restaurant
    • Money Talks / Consultant

    Property Details for 29691 Lorain Rd

    Year built
    1963
    Construction
    WOOD
    Lot size
    0.99 lot acres
    Property size
    2,636 SF
    Property type
    Warehouses
    APN
    234-14-003
    APU
    23414003

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $360,000

    • CAP approach

      CAP return
      Estimation
      6%
      $490,000
      6.5%
      $460,000
      7%
      $545,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $460,000
      Geo Method
      $430,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $460,000
      Retail
      $415,000
      Mixed-Use
      $520,000
      Hospitality
      $580,000
      Educational
      $530,000
      Residential Income
      $420,000
      Energy
      $560,000
      Income-Based Land
      $585,000
      Food Service
      $420,000

    Location Insight

    • Map
    • Local Demand
    City
    North Olmsted
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.949
    Latitude
    41.4036
    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
    $26,737
    $60,620
    $175,390
    $236,010
    -
    $173,200
    $501,100
    $674,300

    Comparable in this City

    • Value Estimation by Request
      7,000 SF

      Columbia Rd

      WAREHOUSE, STORAGE • 7,000 SF
      Columbia Rd, North Olmsted, OH 44070
      View Details
    • Value Estimation by Request
      1,797 SF

      23537 Lorain Rd

      WAREHOUSE, STORAGE • 1,797 SF
      23537 Lorain Rd, North Olmsted, OH 44070-2219
      View Details
    • Value Estimation by Request
      10,946 SF

      5871 Canterbury Rd

      WAREHOUSE, STORAGE • 10,946 SF
      5871 Canterbury Rd, North Olmsted, OH 44070-4522
      View Details
    • Value Estimation by Request
      13,886 SF

      31336 Industrial Pkwy

      WAREHOUSE, STORAGE • 13,886 SF
      31336 Industrial Pkwy, North Olmsted, OH 44070-6334
      View Details
    • Value Estimation
      $745,000
      2,808 SF

      29919 Lorain Rd

      WAREHOUSE, STORAGE • 2,808 SF
      29919 Lorain Rd, North Olmsted, OH 44070-3988
      View Details
    • Value Estimation
      $220,000
      1,152 SF

      25043 Lorain Rd

      WAREHOUSE, STORAGE • 1,152 SF
      25043 Lorain Rd, North Olmsted, OH 44070-2054
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      13.51 Acres

      North Olmsted Industrial Land for Sale

      13.51 Acres, Light Industrial Zoning, Excellent Access
      31500 Bradley Rd, North Olmsted, OH 44070
      View Details
    • $1,950,000
      0.44 Acres

      Prime North Olmsted Commercial Land

      Profitable Car Wash Business for Sale
      25056 Lorain Rd, North Olmsted, OH 44070
      View Details
    • $375,000
      0.36 Acres

      North Olmsted Mixed-Use Opportunity

      Mixed-use property with income-generating home and former auto body.
      24265 Lorain Rd, North Olmsted, OH 44070
      View Details
    • $700,000
      0.70 Acres

      27048 Lorain Rd

      Land • 0.70 Acres
      27048 Lorain Rd, North Olmsted, OH 44070
      View Details
    • Contact for pricing

      North Olmsted Land For Sale

      9.12 acres of land zoned Residential/Commercial in North Olmsted.
      30898 Bradley Rd, North Olmsted, OH 44070
      View Details
    • Contact for pricing

      Prime Retail Land Available

      0.66 acres of general retail land for sale.
      23459 Lorain Rd, North Olmsted, OH 44070
      View Details

    Similar Nearby for Lease

    • $9 SF/Yr
      65,000 SF

      Industrial Space Near I-480

      Scalable industrial space with highway visibility and tax abatement.
      31350 Industrial Pkwy, North Olmsted, OH 44070
      View Details
    • $9 SF/Yr
      100,000 SF

      North Olmsted Industrial Warehouse

      Modern Warehouse Space, 65,000+ SF Available
      0 Industrial Pkwy, North Olmsted, OH 44070
      View Details
    • $9 SF/Yr
      9,845 SF

      Industrial Space with Highway Visibility

      Industrial space for lease with highway visibility, delivery October 2025.
      31369 Industrial Pkwy, North Olmsted, OH 44070
      View Details
    • $930 /Mo
      14,810 SF

      Versatile Commercial Space on Lorain

      1,000 SF commercial space on Lorain Road, North Olmsted.
      28821 Lorain Rd, North Olmsted, OH 44070
      View Details
    • $19 SF/Yr
      4,521 SF

      Office Space with Signage Opportunity

      Office space for lease with flexible options and ample parking.
      24950 Country Club Blvd, North Olmsted, OH 44070
      View Details
    • Contact for pricing
      20,804 SF

      North Olmsted Office Space Available

      Office space for lease in North Olmsted, Ohio.
      24950-25050 Country Club Blvd, North Olmsted, OH 44070
      View Details
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    North Olmsted, OH 44070-3913
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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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