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Property profile & analytics
OFF-MARKET Estimated value $560,000
Strip malls

4925 Broadway Lorain, OH 44052-5558

10,518 SF 1.52 ac lot Built 2003
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US66-2205148
Property summary
AI-generated overview

This exceptional retail opportunity in Lorain, Ohio, presents 3,500 square feet of vacant space within a larger 10,500 square foot multi-tenant building situated on a 2.12-acre lot at 4925 Broadway Avenue, zip code 44052. The property boasts a modern and adaptable layout, perfect for a variety of retail or commercial uses. The expansive storefront ensures high visibility and convenient access for customers. Ample parking is provided with 89 spaces available. The interior is customizable, allowing businesses to create an environment perfectly suited to their needs and brand identity. The professional exterior contributes to a dynamic and inviting atmosphere, designed to attract significant foot traffic. This prime location in Lorain County offers excellent potential for brand exposure and customer engagement. The flexible floor plan allows for efficient product displays and operational layouts. This property is an ideal choice for businesses seeking a prominent and adaptable space to thrive in the Lorain market. The building is classified as a storefront/strip center.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2003
Total area 10,518 SF
Lot 1.52 ac (66,211 SF)
APN 03-00-113-104-096
UPID US66-2205148
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
  • Dollar General Discount Store
  • Western Union Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$405k
CAP Approach CAP
by Request
Comparable Approach Comparable
$432k
Blend (final) Blend
$560k
Owner & transaction history
Dolgen Midwest LLC · 5 yrs held
Dolgen Midwest LLC
since 2021
5 recorded transactions
2025
Price N/A
2021
Price N/A
2003
Price N/A
2003
Price N/A
2002
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $905,000 +11.9%
Auto repair, garage $865,000 +6.7%
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