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    Property profile & analytics

    5334 Mdw Ln Ct Sheffield Lake, OH 44054

    • Medical offices
    • 18,827 SF
    • 1.68 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jun 10, 2025
    $6,938,000
    Location Intelligence
    Property ID
    US66-2809437
    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

    • Medical offices

    Property Details for 5334 Mdw Ln Ct

    Year built
    2005
    Lot size
    1.68 lot acres
    Property size
    18,827 SF
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    03-00-001-000-118
    APU
    300001000118

    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 Lake
    County
    Lorain
    State
    Ohio
    Longitude
    -82.0752
    Latitude
    41.4202
    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
    $0.00
    $115,259
    $1,387,138
    $1,502,397
    -
    $329,310
    $3,963,250
    $4,292,560

    Comparable in this City

    • Value Estimation
      $735,000
      16,130 SF

      5327 Detroit Rd

      MEDICAL BUILDING • 16,130 SF
      5327 Detroit Rd, Sheffield Village, OH 44054-2903
      View Details
    • Value Estimation by Request
      16,162 SF

      5001 Transportation Dr

      MEDICAL BUILDING • 16,162 SF
      5001 Transportation Dr, Sheffield Village, OH 44054-2850
      View Details
    • Value Estimation
      $195,000
      2,719 SF

      4270 Lk Rd

      MEDICAL BUILDING • 2,719 SF
      4270 Lk Rd, Sheffield Lake, OH 44054-1100
      View Details
    • Value Estimation by Request
      15,464 SF

      5001 Transportation Dr

      MEDICAL BUILDING • 15,464 SF
      5001 Transportation Dr, Sheffield Village, OH 44054-2850
      View Details
    • Value Estimation by Request
      12,311 SF

      5445 Detroit Rd

      Medical offices • 12,311 SF
      5445 Detroit Rd, Sheffield, OH 44054
      View Details
    • Value Estimation by Request
      3,684 SF

      801 Robinwood Ave

      HOMES (RETIRED, NURSING) • 3,684 SF
      801 Robinwood Ave, Sheffield Lake, OH 44054-2213
      View Details

    Similar Nearby for Sale

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    • $700,000
      Pending

      Lakefront Restaurant and Banquet Hall

      Restaurant with banquet hall, bar, and development opportunity on 1.33 acres.
      5348 E Lake Rd, Sheffield Lake, OH 44054
      View Details
    • $34,900
      0.18 Acres

      Sheffield Lake Buildable Lot

      Buildable lot near Lake Erie and parks.
      786 Oliver St, Sheffield Lake, OH 44054
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    • $139,000
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      Land Near Lake Erie

      Vacant land suitable for residential or commercial development.
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    Similar Nearby for Lease

    • Contact for pricing
      10,500 SF

      Sheffield Retail Center - 10,500 SF

      Prime Sheffield retail space, 10,500 sq ft, available now.
      5255 Detroit Rd, Sheffield, OH 44054
      View Details
    • Contact for pricing
      113,688 SF

      Sheffield Crossing Retail Space

      Prime Retail Space in Sheffield Village, OH
      0 Detroit Rd, Sheffield, OH 44054
      View Details
    • Contact for pricing
      3,000 SF

      Retail Space on Lake Road

      Retail spaces available inline with established businesses on Lake Road.
      4100-4128 E Lake Rd, Sheffield Lake, OH 44054
      View Details
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    Sheffield Lake, OH 44054
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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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