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    Property profile & analytics

    5290 Detroit Rd Sheffield Village, OH 44035-1439

    • Banks
    • 3,049 SF
    • 0.61 lot acres
    OFF-MARKET
    Value Estimation
    $530,000
    Location Intelligence
    Property ID
    US66-4326645
    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

    • Banks

    Property Details for 5290 Detroit Rd

    Lot size
    0.61 lot acres
    Property size
    3,049 SF
    Property type
    Banks
    APN
    03-00-011-102-135
    APU
    300011102135

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Sheffield Village
    County
    Lorain
    State
    Ohio
    Longitude
    -82.0775
    Latitude
    41.4257
    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
    $34,075
    $252,221
    $278,030
    $530,251
    -
    $720,630
    $794,370
    $1,515,000

    Comparable in this City

    • Value Estimation
      $405,000
      3,236 SF

      405 Midway Blvd

      FINANCIAL BUILDING • 3,236 SF
      405 Midway Blvd, Elyria, OH 44035-2440
      View Details
    • Value Estimation
      $580,000
      3,834 SF

      1180 Riv N Rd

      FINANCIAL BUILDING • 3,834 SF
      1180 Riv N Rd, Elyria, OH 44035-2814
      View Details
    • Value Estimation
      $405,000
      3,653 SF

      105 Chestnut Cmns Dr

      FINANCIAL BUILDING • 3,653 SF
      105 Chestnut Cmns Dr, Elyria, OH 44035-9600
      View Details
    • Value Estimation
      $335,000
      3,581 SF

      1500 Riv N Rd

      FINANCIAL BUILDING • 3,581 SF
      1500 Riv N Rd, Elyria, OH 44035-2714
      View Details
    • Value Estimation by Request
      2,280 SF

      230 Broad St

      FINANCIAL BUILDING • 2,280 SF
      230 Broad St, Elyria, OH 44035-6432
      View Details
    • Value Estimation
      $305,000
      5,488 SF

      832 Cleveland St

      FINANCIAL BUILDING • 5,488 SF
      832 Cleveland St, Elyria, OH 44035-4141
      View Details

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    • $199,900
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      Mixed-Use Property in High-Traffic Location

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    Similar Nearby for Lease

    • $10,000 /Mo
      53,143 SF

      Former Bank Building with Drive-Thru

      Versatile commercial space near LCCC, I-90, and major thoroughfares.
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      View Details
    • Contact for pricing
      3,736 SF

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      Well-kept building suitable for office or medical use.
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    • $1,895 /Mo
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      Versatile commercial space with showroom, offices, and convenient location.
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      Retail space with high visibility and multiple anchor tenants.
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      Retail space available in Midway Mall, Elyria, OH.
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    • Contact for pricing
      31,902 SF

      Elyria Retail Space Available

      Retail space with high visibility near major retailers.
      2650 Midway Mall, Elyria, OH 44035
      View Details
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    5290 Detroit Rd
    Sheffield Village, OH 44035-1439
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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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