Technical
Financial
Distress signals
Property profile

3810 Broadway Lorain, OH 44052

OFF-MARKET
Individual retail properties
Property ID
US66-2342343
9,140 SF 1.08 ac lot Built 1951
Individually Owned 7-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Individual retail properties
Use group APPLIANCE STORE
Year built 1951
Total area 9,140 SF
Lot 1.08 ac (47,045 SF)
APN 03-00-103-109-020
UPID US66-2342343

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
  • Discount Store
  • Bank Credit Union

Location

3810 Broadway Lorain, OH 44052-5432
Lorain metro Census 24100 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
$1.42M
Comparable Approach Comparable
$906k
Blend (final) Blend
$350k

Owner & transaction history

since 2018
2 recorded transactions
2018
$95,000
2014
$635,000

Zoning & alternative use

Top alternative use upside
Medical building $850,000 +50.7%
Restaurant $815,000 +44.5%
Office building $790,000 +39.6%

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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