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    5319 Meadow Lane Ct Sheffield Village, OH 44035
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    Property profile & analytics

    5319 Meadow Lane Ct, Sheffield Village, OH 44035

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    • Office Spaces
    • 2,409 SF
    • 0.05 lot acres
    Professional Office Condo For Sale
    $285,000
    2,400 SF

    Professional Office Condo

    Custom office condo with separate public and private entrances, built for patient or client-facing professional use.

    5319 Meadow Lane Court, Sheffield Village, OH 44035
    View Listing
    Property ID
    US66-1059688
    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.

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    Cap Rate Potential
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    Current Use by Public Records

    • Dr. Rogener B. Lacerna, MD / Medical Clinic

    Property Details for 5319 Meadow Lane Ct

    Year built
    1997
    Lot size
    0.05 lot acres
    Property type
    Office Spaces
    APN
    03-00-001-704-001
    APU
    300001704001

    Description

    This 2,409 square foot office condo, built in 1998 (estimated), is ideally situated in a prime Lorain County location, sharing a Sheffield Village/Elyria mailing address. Currently configured as a medical/doctor's office, this property presents a fantastic investment opportunity. The asking price is $325,000. The property sits on a 0.06-acre lot and is conveniently located minutes from I-90/254, offering easy access to Elyria, Avon, and Sheffield, as well as Lorain County Community College. The building's exterior, lawn care, snow removal, and parking lot maintenance are all covered by a $777 monthly association fee (through Continental Mgmt), which also includes trash removal. The current tenant lease expires October 31, 2024


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    Location Insight

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    • Local Demand
    City
    Sheffield Village
    County
    Lorain
    State
    Ohio
    Longitude
    -82.0734
    Latitude
    41.4214
    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
    $5,943
    $7,000
    $85,484
    $92,484
    -
    $20,000
    $244,240
    $264,240
    View Listing
    More about this property
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