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Property profile & analytics
OFF-MARKET
Estimated value
$665,000
Automotive properties
4500 Grv Ave Lorain, OH 44055-3560
Entity Owned
4-yr Hold
Free & Clear
Property ID
US66-0927475
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1977
Total area
33,138 SF
Lot
5.88 ac (256,133 SF)
APN
03-00-104-101-010
UPID
US66-0927475
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Mark Wahlberg Airstream & RV - Cleveland Car Dealership
-
Road Adventures by Mark Wahlberg - Cleveland Campground & RV Park
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$555k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$665k
Owner & transaction history
Wf Auto Of Avon Realty LLC · 4 yrs held
Wf Auto Of Avon Realty LLC
since 2021
Last sale
$770,000
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Lorain submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lorain submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$570,000
ML approach
$555,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$665k
Range $599k – $732k · ±10% · vs last sale $770k (Dec 7 2021)
Last sale anchor
$770k
Dec 7 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$20 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$14,756
Tax year 2023
Assessed value
$258,045
Assessed 2023
Previous assessed
$258,040
+0.0% YoY
Effective rate
5.72%
On assessed value
Assessed land
$68,551
Assessed improvement
$189,494
Land market value
$195,860
Improvement market value
$541,410
Total market value
$737,270
Applied tax rate
45.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1977
Heating
NONE
Stories
1
Units
1
Total area
33,138 SF
Lot
5.88 ac (256,133 SF)
APN
03-00-104-101-010
UPID
US66-0927475
Jurisdiction
LORAIN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1977
Heating
NONE
Stories
1
Units
1
Lot
5.88 ac
Current owner
From public records · entity-resolved
Wf Auto Of Avon Realty LLC
Entity
Free & Clear · 4 yrs held
Mailing address
30400 LYON CTR DR E, NEW HUDSON, MI 48165-8900
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 7, 2021
$770,000
Wf Auto Of Avon Realty LLC
4500 Grove Ave LLC
Limited Warranty Deed
—
Jun 20, 2017
—
4500 Grove Ave LLC
—
Deed
related
$100,000 · Huntington Nat'l Bk
Dec 19, 2014
$500,000
4500 Grove Ave LLC
Mjd Holdings LLC
Grant Deed
$300,000 · Huntington Nat'l Bk
Jul 31, 2003
—
Mjd Holdings LLC
Joe Firment Chevrolet INC
Grant Deed
related
$640,000 · Firstmerit Bank NA
—
—
4500 Grove Ave LLC
—
Deed Of Trust
related
$100,000 · Huntington Nat'l Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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