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    Property profile & analytics

    5075 Oberlin Ave Lorain, OH 44053-3431

    • Warehouses
    • 1,600 SF
    • 0.93 lot acres
    OFF-MARKET
    Value Estimation
    $125,000
    Last Sale
    Mar 20, 2020
    $89,900
    Location Intelligence
    Property ID
    US66-0151266
    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

    • Landlord Leasing Inc / Real Estate Agency / Property Management Company
    • Fraternal Health Care LLC / Home Health Care Service

    Property Details for 5075 Oberlin Ave

    Year built
    1967
    Construction
    WOOD FRAME
    Lot size
    0.93 lot acres
    Property size
    1,600 SF
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    02-02-006-115-023
    APU
    202006115023

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $115,000

    • CAP approach

      CAP return
      Estimation
      6%
      $145,000
      6.5%
      $145,000
      7%
      $150,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $165,000
      Geo Method
      $160,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $135,000
      Retail
      $145,000
      Mixed-Use
      $115,000
      Hospitality
      $125,000
      Educational
      $110,000
      Residential Income
      $120,000
      Energy
      $145,000
      Income-Based Land
      $155,000
      Food Service
      $115,000

    Location Insight

    • Map
    • Local Demand
    City
    Lorain
    County
    Lorain
    State
    Ohio
    Longitude
    -82.1867
    Latitude
    41.4283
    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
    $10,342
    $19,940
    $111,685
    $131,625
    -
    $56,970
    $319,100
    $376,070

    Comparable in this City

    • Value Estimation
      $340,000
      440 SF

      3336 Meister Rd

      MINI-WAREHOUSE, STORAGE • 440 SF
      3336 Meister Rd, Lorain, OH 44053
      View Details
    • Value Estimation
      $1,325,000
      10,240 SF

      2230 Park Dr

      MINI-WAREHOUSE, STORAGE • 10,240 SF
      2230 Park Dr, Lorain, OH 44053-1140
      View Details
    • Value Estimation
      $985,000
      15,555 SF

      5201 Erie Ave

      MINI-WAREHOUSE, STORAGE • 15,555 SF
      5201 Erie Ave, Lorain, OH 44053-1339
      View Details
    • Value Estimation
      $265,000
      14,868 SF

      5300 Baumhart Rd

      MINI-WAREHOUSE, STORAGE • 14,868 SF
      5300 Baumhart Rd, Lorain, OH 44053-2052
      View Details
    • Value Estimation
      $335,000
      9,172 SF

      3215 21st St

      MINI-WAREHOUSE, STORAGE • 9,172 SF
      3215 21st St, Lorain, OH 44053-1117
      View Details
    • Value Estimation
      $695,000
      14,280 SF

      2220 Park Dr

      MINI-WAREHOUSE, STORAGE • 14,280 SF
      2220 Park Dr, Lorain, OH 44053-1140
      View Details

    Similar Nearby for Sale

    • $4,875,000
      73,360 SF

      Industrial Buildings with Fenced Yard

      Two industrial buildings with fenced yard and highway access.
      7405-7425 Industrial Parkway Dr, Lorain, OH 44053
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      Industrial Warehouse with Office Space

      36,000 SF warehouse with 2,000 SF office space.
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    • $1,360,000
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      Prime Lorain County Land

      19.4 Acres, $1.36M, High Visibility
      6401 Ridge Rd, 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
      View Details
    • $3,150,000
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      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
      View Details

    Similar Nearby for Lease

    • $2 SF/Yr
      75,576 SF

      Lorain Warehouse Space Available

      75,576 SF warehouse space near State Route 2.
      5401 Baumhart Rd, Lorain, OH 44053
      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
    • 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
      2,400 SF

      Retail End-Cap on Oak Point

      2,400 SF end-cap in Lorain, OH near Route 2.
      8000 Oak Point 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.
      3221-3311 Oberlin Ave, Lorain, OH 44053
      View Details
    • Contact for pricing
      7,907 SF

      Oak Point Medical Condos For Sale/Lease

      Medical Office Suites, Lorain County, OH
      0 Park Square Dr, Lorain, OH 44053
      View Details
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    Lorain, OH 44053-3431
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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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