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    Property profile & analytics

    405 Lorain St Oberlin, OH 44074-1001

    • Office buildings
    • 16,260 SF
    • 4.91 lot acres
    OFF-MARKET
    Value Estimation
    $405,000
    Location Intelligence
    Property ID
    US66-0987427
    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

    • Office buildings

    Property Details for 405 Lorain St

    Year built
    2002
    Lot size
    4.91 lot acres
    Property size
    16,260 SF
    Property type
    Office buildings
    APN
    09-00-084-101-015
    APU
    900084101015

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Oberlin
    County
    Lorain
    State
    Ohio
    Longitude
    -82.2326
    Latitude
    41.2934
    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
    $3,966
    $36,936
    $444,119
    $481,055
    -
    $105,530
    $1,268,910
    $1,374,440

    Comparable in this City

    • Value Estimation by Request
      20,053 SF

      46300 Butternut Rdg Rd

      OFFICE BUILDING • 20,053 SF
      46300 Butternut Rdg Rd, Oberlin, OH 44074-9731
      View Details
    • Value Estimation
      $570,000
      24,176 SF

      285 Artino St

      OFFICE BUILDING • 24,176 SF
      285 Artino St, Oberlin, OH 44074-1207
      View Details
    • Value Estimation
      $315,000
      6,268 SF

      69 Main St

      OFFICE BUILDING • 6,268 SF
      69 Main St, Oberlin, OH 44074-1660
      View Details
    • Value Estimation by Request
      1,260 SF

      550 College St

      OFFICE BUILDING • 1,260 SF
      550 College St, Oberlin, OH 44074-1447
      View Details
    • Value Estimation
      $330,000
      6,844 SF

      380 Lorain St

      OFFICE BUILDING • 6,844 SF
      380 Lorain St, Oberlin, OH 44074-1252
      View Details
    • Value Estimation by Request
      4,464 SF

      530 Main St

      OFFICE BUILDING • 4,464 SF
      530 Main St, Oberlin, OH 44074-1743
      View Details

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    Similar Nearby for Lease

    • $5 SF/Yr
      9,100 SF

      Oberlin Retail Space For Lease

      9,100 SF Single-Tenant Retail Space
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      View Details
    • Contact for pricing
      8,800 SF

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      Two retail spaces available, Discount DrugMart anchored.
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      View Details
    • Contact for pricing

      Commercial Land with Excellent Visibility

      Commercial land available for rent with all utilities.
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      View Details
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    405 Lorain St
    Oberlin, OH 44074-1001
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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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