Technical
Financial
Distress signals
Property profile

5363 Oberlin Ave Lorain, OH 44053

OFF-MARKET
Retail space
Property ID
US66-0721781
624 SF 0.2 ac lot Built 1950
Entity Owned 14-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

The property is a freestanding commercial building with office and flexible interior space. On the first floor, there are two office areas measuring approximately 11 x 10.5 and 11 x 14, plus a foyer/open floor plan entrance measuring approximately 20 x 11.5 that can serve as a reception/waiting area and may be suitable for uses such as retail or additional office space. The first floor also includes a storage room and a private restroom. A lower level provides additional office space and storage. The building has a rear, privately owned on-site parking lot with 12 parking spaces and includes an additional storage shed. Exterior features include a front post sign, professional landscaping, and exterior lighting. The property is positioned near major highways, providing convenient roadway access.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1950
Construction FRAME
Total area 624 SF
Lot 0.2 ac (8,712 SF)
APN 02-01-008-101-248
UPID US66-0721781

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Bank Credit Union

Location

5363 Oberlin Ave Lorain, OH 44053-3437
Lorain metro Census 24100 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$75k

Owner & transaction history

since 2012
1 recorded transaction
2012
$65,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 5363 Oberlin Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message