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    Property profile & analytics

    4520 Oberlin Ave Lorain, OH 44053

    • Medical offices
    • 5,334 SF
    • 1.21 lot acres
    For Sale
    View listing
    $375,000
    Value Estimation
    Location Intelligence
    Property ID
    US66-1294837
    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

    • Medical offices

    Property Details for 4520 Oberlin Ave

    Year built
    1979
    Lot size
    1.21 lot acres
    Property size
    5,334 SF
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    02-02-006-115-019
    APU
    202006115019

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lorain
    County
    Lorain
    State
    Ohio
    Longitude
    -82.1866
    Latitude
    41.4294
    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
    $9,535
    $34,888
    $86,461
    $121,349
    -
    $99,680
    $247,030
    $346,710

    Comparable in this City

    • Value Estimation by Request
      30,744 SF

      5940 Oak Pt Rd

      MEDICAL BUILDING • 30,744 SF
      5940 Oak Pt Rd, Lorain, OH 44053-4100
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    • Value Estimation
      $325,000
      3,690 SF

      690 Cooper Foster Park W Rd

      MEDICAL BUILDING • 3,690 SF
      690 Cooper Foster Park W Rd, Lorain, OH 44053-3731
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    • Value Estimation
      $575,000
      14,431 SF

      4804 Leavitt Rd

      MEDICAL BUILDING • 14,431 SF
      4804 Leavitt Rd, Lorain, OH 44053-2382
      View Details
    • Value Estimation
      $210,000
      2,495 SF

      5075 Oberlin Ave

      MEDICAL BUILDING • 2,495 SF
      5075 Oberlin Ave, Lorain, OH 44053-3431
      View Details
    • Value Estimation by Request
      3,280 SF

      5373 Oberlin Ave

      MEDICAL BUILDING • 3,280 SF
      5373 Oberlin Ave, Lorain, OH 44053-3437
      View Details
    • Value Estimation
      $550,000
      1,903 SF

      1550 Cooper Foster Park W Rd

      MEDICAL BUILDING • 1,903 SF
      1550 Cooper Foster Park W Rd, Lorain, OH 44053-3616
      View Details

    Similar Nearby for Sale

    • $475,000
      0.48 Acres

      Lorain Office Building For Sale

      Office building in Lorain, previously used as a doctor's office.
      1670 Cooper Foster Park Rd W, Lorain, OH 44053
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    • $375,000
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      Turnkey Medical Office, Lorain, OH

      5,400 sq ft commercial building on 1.2-acre lot in Lorain.
      4520 Oberlin Ave, Lorain, OH 44053
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      Office Space Near Emerging Interchange

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      Office Space For Sale

      Office space for sale in Lorain, Ohio.
      6155 Park Square Dr, Lorain, OH 44053
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    • $98,900
      0.20 Acres

      Freestanding Building with Office Spaces

      Freestanding building with two office spaces and parking lot.
      5363 Oberlin Ave, Lorain, OH 44053
      View Details
    • Contact for pricing
      7,466 SF

      Lorain Mixed-Use Investment Opportunity

      High-yield multifamily, office, & warehouse.
      4645 Oberlin Ave, Lorain, OH 44053
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    Similar Nearby for Lease

    • Contact for pricing
      7,907 SF

      Oak Point Medical Condos For Sale/Lease

      Medical Office Suites, Lorain County, OH
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    • Contact for pricing
      13,103 SF

      Lorain Retail Spaces Available

      Prime Lorain location, multiple retail spaces.
      4805 Leavitt Rd, Lorain, OH 44053
      View Details
    • $1,200 /Mo
      8,712 SF

      Commercial Building in Lorain, OH

      Freestanding building with high visibility and flexible interior layout.
      5363 Oberlin Ave, Lorain, OH 44053
      View Details
    • Contact for pricing
      3,200 SF

      Retail Space Near I-90

      Retail space available near I-90 with flexible layout.
      1980-2000 Cooper Foster Park Rd, Lorain, OH 44053
      View Details
    • Contact for pricing
      4,588 SF

      Retail Space in Grocery Anchored Center

      Retail spaces available in high-traffic, grocery-anchored shopping center.
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      View Details
    • $3,750,000
      81,640 SF

      Lorain Industrial Redevelopment Opportunity

      81,640 SF industrial building on 38.3 acres for lease.
      7451 Terminal Dr, Lorain, OH 44053
      View Details
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    4520 Oberlin Ave
    Lorain, OH 44053
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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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