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    Property profile & analytics

    4300 Leavitt Rd Lorain, OH 44053-2370

    • Parking lots & garages
    • 6,118 SF
    • 1.31 lot acres
    OFF-MARKET
    Value Estimation
    $3,450,000
    Last Sale
    Dec 06, 2023
    $3,219,000
    Location Intelligence
    Property ID
    US66-4291957
    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

    • Bridgestone Firestone / Mechanic
    • Firestone Complete Auto Care / Mechanic / Auto Air Conditioning Service

    Property Details for 4300 Leavitt Rd

    Lot size
    1.31 lot acres
    Property size
    6,118 SF
    Property type
    Parking lots & garages
    APN
    02-02-008-107-038
    APU
    202008107038

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,480,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,985,000
      6.5%
      $3,050,000
      7%
      $3,520,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,825,000
      Geo Method
      $3,215,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,865,000
      Retail
      $3,010,000
      Mixed-Use
      $2,825,000
      Hospitality
      $3,125,000
      Educational
      $3,200,000
      Residential Income
      $3,430,000
      Energy
      $3,255,000
      Income-Based Land
      $3,090,000
      Food Service
      $3,265,000

    Location Insight

    • Map
    • Local Demand
    City
    Lorain
    County
    Lorain
    State
    Ohio
    Longitude
    -82.2031
    Latitude
    41.4304
    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
    $84,096
    $812,683
    $257,635
    $1,070,318
    -
    $2,321,950
    $736,100
    $3,058,050

    Comparable in this City

    • Value Estimation by Request
      0.16 Acres

      4745 Oberlin Ave

      PARKING GARAGE, PARKING STRUCTURE • 0.16 Acres
      4745 Oberlin Ave, Lorain, OH 44053-3425
      View Details
    • Value Estimation by Request
      1,124 SF

      5300 Oberlin Ave

      PARKING GARAGE, PARKING STRUCTURE • 1,124 SF
      5300 Oberlin Ave, Lorain, OH 44053-3438
      View Details
    • Value Estimation by Request
      1,218 SF

      5980 Oberlin Ave

      PARKING GARAGE, PARKING STRUCTURE • 1,218 SF
      5980 Oberlin Ave, Lorain, OH 44053-3449
      View Details
    • Value Estimation
      $80,000
      1,680 SF

      2403 21st St

      PARKING GARAGE, PARKING STRUCTURE • 1,680 SF
      2403 21st St, Lorain, OH 44053-1101
      View Details
    • Value Estimation by Request
      5,916 SF

      1817 Nantucket Dr

      PARKING GARAGE, PARKING STRUCTURE • 5,916 SF
      1817 Nantucket Dr, Lorain, OH 44053-3221
      View Details
    • Value Estimation
      $95,000
      0.13 Acres

      2402 Erie Ave, Unit 2406

      PARKING GARAGE, PARKING STRUCTURE • 0.13 Acres
      2402 Erie Ave, Lorain, OH 44053-1054
      View Details

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      Lorain Retail Property For Sale

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    Similar Nearby for Lease

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      Retail space available near I-90 with flexible layout.
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      Retail spaces available in high-traffic, grocery-anchored shopping center.
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      Prime retail land, build-to-suit options.
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      Lorain Retail Spaces Available

      Prime Lorain location, multiple retail spaces.
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      View Details
    • Contact for pricing

      Retail Anchor Space Available

      Anchor and junior anchor spaces available in Lorain, Ohio.
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      View Details

    Property Visit Statistics

    • Visits by month
      1.4k
    • Visitors by month
      1.2k
    • Avg Time on site
      28 min
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    4300 Leavitt Rd
    Lorain, OH 44053-2370
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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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