Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    633 High St Fairport Harbor, OH 44077-5637
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    633 High St Fairport Harbor, OH 44077-5637

    View on Map
    • Specialty properties
    • 7,895 SF
    • 0.89 lot acres
    Off-Market
    Property ID
    US66-2485540
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Specialty properties

    Property Details for 633 High St

    Year built
    2004
    Lot size
    0.89 lot acres
    Property size
    7,895 SF
    Zone code
    R1
    Property type
    Specialty properties
    APN
    14-A-012-0-00-007-0
    APU
    14A0120000070

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Fairport Harbor
    County
    Lake
    State
    Ohio
    Longitude
    -81.2775
    Latitude
    41.7496
    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
    $17,105
    $18,830
    $149,710
    $168,540
    -
    $53,800
    $427,740
    $481,540

    Comparable in this City

    • Value Estimation by Request
      0.12 Acres

      Burton St

      CHARITABLE ORGANIZATION • 0.12 Acres
      Burton St, Painesville, OH 44077
      View Details
    • Value Estimation by Request
      25.33 Acres

      Cascade Rd

      CHARITABLE ORGANIZATION • 25.33 Acres
      Cascade Rd, Painesville, OH 44077
      View Details
    • Value Estimation by Request
      5,068 SF

      1009 Mentor Ave

      FUNERAL HOME • 5,068 SF
      1009 Mentor Ave, Painesville, OH 44077-1829
      View Details
    • Value Estimation by Request
      6,088 SF

      225 Mentor Ave

      CHARITABLE ORGANIZATION • 6,088 SF
      225 Mentor Ave, Painesville, OH 44077-3105
      View Details
    • Value Estimation by Request
      9,524 SF

      368 Mentor Ave

      FUNERAL HOME • 9,524 SF
      368 Mentor Ave, Painesville, OH 44077-2607
      View Details
    • Value Estimation by Request
      4,606 SF

      1100 Mentor Ave

      CHARITABLE ORGANIZATION • 4,606 SF
      1100 Mentor Ave, Painesville, OH 44077-1832
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      21,046 SF

      Industrial Facility For Sale

      Industrial facility or redevelopment site available for purchase.
      466 W Jackson St, Painesville, OH 44077
      View Details
    • $449,000

      Painesville Commercial Building Opportunity

      5,991 SF commercial building on 0.71 acres in Painesville.
      1778 Mentor Ave, Painesville, OH 44077
      View Details
    • $60,000
      0.33 Acres

      Residential Land in Painesville, OH

      Residential land for sale, ideal for building a dream home.
      Vl Florence Ave, Painesville, OH 44077
      View Details
    • $55,000
      0.18 Acres

      Residential Land in Painesville, OH

      Land available for building a dream home in Painesville, OH.
      49 Blue Heron Ct, Painesville, OH 44077
      View Details
    • $60,000
      0.23 Acres

      Residential Land in Painesville, OH

      Residential land for sale in a desirable new development.
      30 Blue Heron Ct, Painesville, OH 44077
      View Details
    • Contact for pricing
      5,815 SF

      Painesville Land For Sale

      4.81 acres of land available in Painesville, Ohio.
      1025/1083 Mentor Ave, Painesville, OH 44077
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space Available For Rent

      Retail space available, offering 3,900 sqft in Painesville, OH.
      370 Blackbrook Rd, Painesville, OH 44077
      View Details
    • Contact for pricing
      1,660 SF

      Painesville Office Space For Rent

      1,660 SF office space in a highly visible location.
      8003-8007 Auburn Rd, Painesville, OH 44077
      View Details
    • Contact for pricing
      8,119 SF

      Painesville Retail Space For Rent

      Retail space available in Painesville, high-traffic location.
      6640-6644 Rogers Rd, Painesville, OH 44077
      View Details
    • $2,000 /Mo
      1,751 SF

      Downtown Painesville Commercial Storefront Opportunity

      1675 SF commercial space in revitalizing downtown Painesville.
      154 Main St, Painesville, OH 44077
      View Details
    • Contact for pricing

      Retail Space Available For Lease

      Retail space available for lease in Painesville, Ohio.
      8023 Crile Rd, Painesville, OH 44077
      View Details
    • Contact for pricing
      1,500 SF

      Shell Office/Medical Space Available

      1,500 SF shell space with in-suite restrooms for lease.
      7965 Auburn Rd, Concord Township, OH 44077
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    633 High St
    Fairport Harbor, OH 44077-5637
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!