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Property profile & analytics

436 Cleveland St Elyria, OH 44035

  • Retail space
  • 2,992 SF
  • 0.13 lot acres
Value Estimation
Location Intelligence
Property ID
US66-1261902
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

  • Fundak's Art Corner / Picture Frame Shop

Property Details for 436 Cleveland St

Year built
1907
Construction
FRAME
Lot size
0.13 lot acres
Property size
2,992 SF
Property type
Retail space
APN
06-25-018-106-022
APU
625018106022

Description

This exceptional Elyria retail property at 436 Cleveland Street offers a fantastic opportunity for a variety of businesses. Boasting a total of 2,992 square feet, the building features nearly 1600 square feet of ground-floor retail or office space, complemented by a sizable enclosed porch. The first floor is ideal for a retail operation or professional offices, benefiting from high traffic volume in its location. Upstairs, a spacious 1400-square-foot apartment provides additional income potential or owner-occupancy options. This two-bedroom, two-bathroom apartment is a significant asset, offering versatility and potential rental income. The property also includes a convenient two-car attached garage, a full basement providing ample storage space, and a private parking lot for added convenience. The building has been meticulously maintained, with most mechanical systems recently updated, ensuring efficient and cost-effective operation. Situated on a 0.26-acre lot, this property offers easy access to major highways, enhancing its accessibility and appeal to both customers and employees. The combination of retail space, residential apartment, and ample parking makes this a truly unique and versatile investment opportunity. Its excellent condition and prime location make it an attractive proposition for a wide range of potential uses. Don't miss this chance to acquire a well-maintained, high-traffic property in a desirable location. Priced at $199,900.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $265,000
  • CAP approach

    CAP return
    Estimation
    6%
    $435,000
    6.5%
    $410,000
    7%
    $375,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $380,000
    Geo Method
    $405,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $335,000
    Retail
    $395,000
    Mixed-Use
    $345,000
    Hospitality
    $325,000
    Educational
    $365,000
    Residential Income
    $415,000
    Energy
    $375,000
    Income-Based Land
    $345,000
    Food Service
    $345,000

Location Insight

  • Map
  • Local Demand
City
Elyria
County
Lorain
State
Ohio
Longitude
-82.0858
Latitude
41.3752
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
$3,560
$7,928
$41,041
$48,969
-
$22,650
$117,260
$139,910
More about this property
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