Financial
Distress signals
Property profile

4517 Lorain Ave Cleveland, OH 44102

FOR LEASE
Other warehouses
Property ID
US66-5180067
4,732 SF 0.24 ac lot Built 1910
Last sale Apr 2022 · $700,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a commercial space located on Lorain Avenue in Cleveland, Ohio. It is configured for office use and other commercial real estate purposes.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$11k
Tax billed · 2023
Assessed value$96k
Assessed land$19k
Assessed improvement$78k
Effective rate11.58%

Value estimate

· Sep 2026
$310k
$279k – $341k
AI approach$240k
NOI build-up
Gross scheduled income$41k
Vacancy & credit loss−$3k
Operating expenses−$11k
NOI · 144,111.11% cap applied$26k

Realmo valuation models over county records and 20 qualifying comparable sales.

Recently sold

What actually traded nearby?
$36/SF
ZIP average, outlier-cleaned · 59 recorded sales of this use type
Observed band · Q1–Q3$19 – $55
Qualifying comparables20

Cap rate analysis

How does the asset earn?
144,111.11%
$26k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
LR
JurisdictionCUYAHOGA

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office12.3
Accounting Firm11.6
Nail Salon10.1

Location

4517 Lorain Ave Cleveland, OH 44102
County assessor Recorded deeds · 5 transfers 20 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
6110 Denison, Cleveland, OH 44102-5567 $84,007 Dec 2025 4,068 SF
7821 Lorain, Cleveland, OH 44102-4253 $50,000 Jul 2025 4,550 SF
1436 48th, Cleveland, OH 44102-3304 $600,000 Jun 2025 6,000 SF
1350 69th, Cleveland, OH 44102-2016 $400,000 May 2025 3,640 SF
6422 Storer, Cleveland, OH 44102-5500 $225,000 Dec 2024 3,746 SF
5007 Clark, Cleveland, OH 44102-4531 $75,000 Dec 2024 2,820 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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