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    Property profile & analytics

    461 Lorain St Oberlin, OH 44074-1217

    • Retail space
    • 1,500 SF
    • 3.95 lot acres
    OFF-MARKET
    Value Estimation
    $255,000
    Last Sale
    Jan 08, 2020
    $220,000
    Location Intelligence
    Property ID
    US66-2519981
    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

    • Retail space

    Property Details for 461 Lorain St

    Year built
    1964
    Lot size
    3.95 lot acres
    Property size
    1,500 SF
    Property type
    Retail space
    APN
    09-00-087-103-009
    APU
    900087103009

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Oberlin
    County
    Lorain
    State
    Ohio
    Longitude
    -82.2004
    Latitude
    41.2933
    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
    $5,180
    $62,349
    $10,801
    $73,150
    -
    $178,140
    $30,860
    $209,000

    Comparable in this City

    • Value Estimation
      $285,000
      1,406 SF

      43961 Oberlin Elyria Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,406 SF
      43961 Oberlin Elyria Rd, Oberlin, OH 44074-9594
      View Details
    • Value Estimation
      $310,000
      3,176 SF

      12290 Leavitt Rd

      RETAIL STORES (PERSONAL SERVICES) • 3,176 SF
      12290 Leavitt Rd, Oberlin, OH 44074-9573
      View Details
    • Value Estimation
      $270,000
      1,600 SF

      11 College St

      RETAIL STORES (PERSONAL SERVICES) • 1,600 SF
      11 College St, Oberlin, OH 44074-1543
      View Details
    • Value Estimation
      $295,000
      6,644 SF

      13 College St

      RETAIL STORES (PERSONAL SERVICES) • 6,644 SF
      13 College St, Oberlin, OH 44074-1543
      View Details
    • Value Estimation
      $275,000
      2,736 SF

      7 College St

      RETAIL STORES (PERSONAL SERVICES) • 2,736 SF
      7 College St, Oberlin, OH 44074-1543
      View Details
    • Value Estimation
      $245,000
      2,944 SF

      21 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,944 SF
      21 Main St, Oberlin, OH 44074-1626
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1.80 Acres

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      1.8-acre C-1 zoned property, high potential.
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      117-141 S Main St, Oberlin, OH 44074
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    • $899,900
      Pending

      37.48 Acres Prime Oberlin Land

      Prime land in Oberlin with future development potential.
      47094 Us Highway 20, Oberlin, OH 44074
      View Details
    • $79,000
      3.15 Acres

      Residential Building Site in Oberlin

      3.15-acre residential building site with utilities in Oberlin, Ohio.
      Us-20, Oberlin, OH 44074
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      Oberlin Residential Land - 13 Acres

      Prime Ohio land, build your dream home.
      46802 Us-20, Oberlin, OH 44074
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    Similar Nearby for Lease

    • Contact for pricing
      8,800 SF

      Oberlin Retail Space: Leavitt Road

      Two retail spaces available, Discount DrugMart anchored.
      12289 Leavitt Rd, Oberlin, OH 44074
      View Details
    • $5 SF/Yr
      9,100 SF

      Oberlin Retail Space For Lease

      9,100 SF Single-Tenant Retail Space
      544 College St, Oberlin, OH 44074
      View Details
    • Contact for pricing

      Commercial Land with Excellent Visibility

      Commercial land available for rent with all utilities.
      46048 Us Highway 20, Oberlin, OH 44074
      View Details
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    461 Lorain St
    Oberlin, OH 44074-1217
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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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