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Property profile & analytics
OFF-MARKET
Retail space
4743 Oberlin Ave, Lorain, OH 44053-3425
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US66-6233634
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1971
Total area
6,264 SF
Lot
0.86 ac (37,462 SF)
APN
02-01-008-101-131
UPID
US66-6233634
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
-
Willow Island Nightclub DJ & Entertainment
-
Rag's Wine & Beverage (Bike/Boat/Book/etc) Store Wine and Liquor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Ekdant LLC · 4 yrs held
Ekdant LLC
since 2021
Last sale
$500,000
7 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$10,706
Tax year 2023
Assessed value
$136,262
Assessed 2023
Previous assessed
$136,260
+0.0% YoY
Effective rate
7.86%
On assessed value
Assessed land
$52,444
Assessed improvement
$83,818
Land market value
$149,840
Improvement market value
$239,480
Total market value
$389,320
Applied tax rate
42.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1971
Heating
NONE
Stories
1
Units
1
Total area
6,264 SF
Lot
0.86 ac (37,462 SF)
APN
02-01-008-101-131
UPID
US66-6233634
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
1971
Heating
NONE
Stories
1
Units
1
Lot
0.86 ac
Current owner
From public records · entity-resolved
Ekdant LLC
Entity
Mailing address
501 ABBE RD N, ELYRIA, OH 44035-3744
Mailing matches property
Yes
Owner-occupied
Yes
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 3, 2025
—
Ekdant LLC
—
Deed
related
$329,000 · First Fsla Of Lakewood
Dec 3, 2021
$500,000
Ekdant LLC
D P I INC
Warranty Deed
$1,401,000 · Cf Bank
Sep 28, 2021
$194,700
D P 1 INC
Sfma Management INC
Quit Claim Deed
related
—
Feb 28, 2019
$150,000
Sfma Management INC
Reem Alfala Realty INC
Warranty Deed
—
Sep 29, 2016
$40,000
Reem Alfain Realty INC
Osskar Properties LLC
Warranty Deed
—
Nov 20, 2008
—
Osskar Properties LLC
Ossman,aly
Quit Claim Deed
related
—
Dec 22, 2006
$800,000
Aly Ossman
Pon Management INC
Limited Warranty Deed
$165,000 · Pon Management INC
Dec 22, 2006
$400,000
Pon Management INC
Hrp Investors LLC
Warranty Deed
—
Jan 15, 2004
—
Hrp Investors LLC
H R P Co LP
Quit Claim Deed
related
—
Jul 26, 2002
—
H R P Co
Rounds,dorothy J
Quit Claim Deed
related
—
—
—
Osskar Properties LLC
—
Deed Of Trust
related
$190,000 · Ak Management Co LLC
—
—
Osskar Properties LLC
—
Deed Of Trust
related
$190,000 · Farouk Elsaied
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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