Financial
Distress signals
Property profile

5244 Cobblestone Rd Sheffield Village, OH 44035

FOR LEASE
Retail properties & Spaces
Property ID
US66-2449451
31,080 SF 2.93 ac lot Built 2001
Last sale Nov 2021 · $800,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 31,000 square foot retail space is ideally situated at 5244 Cobblestone Road in Lorain County. Currently entirely vacant, this single-tenant building presents a unique opportunity for a business seeking significant space and high visibility. The expansive footprint allows for a wide range of retail configurations, catering to businesses requiring substantial square footage for inventory, display, or operations. The property's location offers excellent accessibility and ample

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$18k
Tax billed · 2023
Assessed value$280k
Assessed land$80k
Assessed improvement$200k
Effective rate6.43%

Value estimate

· Sep 2026
$595k
$536k – $655k
AI approach$580k
Submarket $/SF estimate$1.17M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$62/SF
ZIP average, outlier-cleaned · 33 recorded sales of this use type
Observed band · Q1–Q3$38 – $99

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionLORAIN

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply18.7
Realty agency14.0
HVAC Service13.3

Location

5244 Cobblestone Rd Sheffield Village, OH 44035
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
630 Middle, Elyria, OH 44035-5851 $345,000 Dec 2025 8,182 SF
38295 Chestnut Rdg, Elyria, OH 44035-8646 $1,456,500 Jun 2025 8,752 SF
1535 Riv N, Elyria, OH 44035-2713 $860,000 Jun 2025 9,420 SF
574 Abbe S, Elyria, OH 44035-6302 $610,000 Jan 2025 7,545 SF
108 Antioch, Elyria, OH 44035-1543 $1,150,000 Oct 2024 16,800 SF
150 Midway, Elyria, OH 44035-2786 $849,975 Oct 2023 14,363 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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