Technical
Financial
Distress signals
Property profile

5380 Oberlin Ave Lorain, OH 44053

OFF-MARKET
Retail space
Property ID
US66-5356585
3,000 SF 0.71 ac lot Built 1970
Entity Owned 1-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1970
Construction WOOD FRAME
Total area 3,000 SF
Lot 0.71 ac (30,928 SF)
APN 02-02-005-114-016
UPID US66-5356585

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
  • County Government Office Store
  • Hair Salon

Location

5380 Oberlin Ave Lorain, OH 44053-3451
Lorain metro Census 24200 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$350k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$350k

Owner & transaction history

since 2024
Last sale
$350,000
7 recorded transactions
2024
$350,000
2022
$190,000
2022
Price N/A
2019
Price N/A
2018
$102,400
2012
Price N/A
2012
Price N/A

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
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