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    Property profile & analytics

    402 Cleveland St Elyria, OH 44035

    • Retail space
    • 914 SF
    • 0.11 lot acres
    OFF-MARKET
    Value Estimation
    $165,000
    Last Sale
    Sep 14, 2023
    $180,000
    Location Intelligence
    Property ID
    US66-2281610
    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

    • Retail space

    Property Details for 402 Cleveland St

    Year built
    1950
    Construction
    FRAME
    Lot size
    0.11 lot acres
    Property size
    914 SF
    Property type
    Retail space
    APN
    06-25-017-110-023
    APU
    625017110023

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Elyria
    County
    Lorain
    State
    Ohio
    Longitude
    -82.0871
    Latitude
    41.3749
    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
    $3,780
    $6,710
    $45,294
    $52,004
    -
    $19,170
    $129,410
    $148,580

    Comparable in this City

    • Value Estimation by Request
      7,252 SF

      321 Broad St

      RETAIL STORES (PERSONAL SERVICES) • 7,252 SF
      321 Broad St, Elyria, OH 44035-5503
      View Details
    • Value Estimation by Request
      7,997 SF

      144 Reaser Ct

      RETAIL STORES (PERSONAL SERVICES) • 7,997 SF
      144 Reaser Ct, Elyria, OH 44035-6285
      View Details
    • Value Estimation
      $125,000
      1,472 SF

      419 Middle Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,472 SF
      419 Middle Ave, Elyria, OH 44035-5731
      View Details
    • Value Estimation by Request
      4,800 SF

      120 Antioch Dr

      RETAIL STORES (PERSONAL SERVICES) • 4,800 SF
      120 Antioch Dr, Elyria, OH 44035-1543
      View Details
    • Value Estimation by Request
      2,220 SF

      505 Broad St

      RETAIL STORES (PERSONAL SERVICES) • 2,220 SF
      505 Broad St, Elyria, OH 44035-5507
      View Details
    • Value Estimation
      $50,000
      1,395 SF

      354 Broad St

      RETAIL STORES (PERSONAL SERVICES) • 1,395 SF
      354 Broad St, Elyria, OH 44035-5504
      View Details

    Similar Nearby for Sale

    • $1,697,000
      6,600 SF

      Elyria Retail Investment Opportunity

      NNN leased retail property with attractive rental escalations for sale.
      914 Cleveland St, Elyria, OH 44035
      View Details
    • $199,900
      0.26 Acres

      Mixed-Use Property in High-Traffic Location

      Mixed-use property with retail/office space and residential apartment.
      436 Cleveland St, Elyria, OH 44035
      View Details
    • Contact for pricing
      15,659 SF

      Retail Opportunity Near Rural King

      Retail space available near Rural King and major roadways.
      426 Oberlin Rd, Elyria, OH 44035
      View Details
    • $184,000
      0.10 Acres

      Elyria Retail Building For Sale

      Former bakery/catering service building, potential for two storefronts.
      501 Lake Ave, Elyria, OH 44035
      View Details
    • $195,000
      5,584 SF

      Former Church and Retail Buildings

      Two buildings in high-visibility area, priced to sell.
      1611-1621 Middle Ave, Elyria, OH 44035
      View Details
    • Contact for pricing
      7,598 SF

      Retail Space in Dense Area

      Retail property in a high-traffic location with national tenants.
      167 Cleveland St, Elyria, OH 44035
      View Details

    Similar Nearby for Lease

    • $1,895 /Mo
      8,712 SF

      Retail/Office Space in High-Traffic Area

      Versatile commercial space with showroom, offices, and convenient location.
      41981 N Ridge Rd, Elyria, OH 44035
      View Details
    • Contact for pricing
      31,080 SF

      Retail Space Near I-90

      Retail space with high visibility and multiple anchor tenants.
      5244 Cobblestone Rd, Sheffield Village, OH 44035
      View Details
    • Contact for pricing
      31,902 SF

      Elyria Retail Space Available

      Retail space with high visibility near major retailers.
      2650 Midway Mall, Elyria, OH 44035
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    • Contact for pricing
      25,954 SF

      Elyria Retail Space For Lease

      25,594 SF retail space in dominant shopping center.
      360 Market Dr, Elyria, OH 44035
      View Details
    • Contact for pricing
      2,270 SF

      Retail Space Midway Mall

      Retail space available in Midway Mall, Elyria, OH.
      6355 Midway Mall, Elyria, OH 44035
      View Details
    • Contact for pricing
      21,780 SF

      Elyria Retail Outlot & Building

      High-traffic location, co-tenancy with Rural King
      430 Oberlin Rd, Elyria, OH 44035
      View Details
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    402 Cleveland St
    Elyria, OH 44035
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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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