Property profile

710 Broadway Lorain, OH 44052

OFF-MARKET
Investment properties
Property ID
US66-0029714
7,620 SF 0.18 ac lot Built 1920
Entity Owned 23-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1920
Total area 7,620 SF
Lot 0.18 ac (7,841 SF)
APN 02-01-004-107-019
UPID US66-0029714

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
  • Church Mosque

Location

710 Broadway Lorain, OH 44052-1853
Lorain metro Census 97300 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.22M
Comparable Approach Comparable
$760k
Blend (final) Blend
$260k

Owner & transaction history

since 2002
4 recorded transactions
2017
Price N/A
2002
$362,500
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Medical building $710,000 +68.5%
Restaurant $680,000 +61.6%

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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