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    7500 Oak Pt Rd Lorain, OH 44053-4149

    • Individual retail properties
    • 139,368 SF
    • 13.48 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US66-1247552
    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

    • Lowe's Garden Center / Garden Center
    • Lowe's ProServices / Building Materials Supplier
    • Lowe's / Home Goods Store
    • Lowe's Home Improvement / Building Materials Supplier / Flooring Store
    • Garage Door Repair Opener Installation / Garage Door Supplier

    Property Details for 7500 Oak Pt Rd

    Year built
    2008
    Lot size
    13.48 lot acres
    Property size
    139,368 SF
    Property type
    Individual retail properties
    APN
    05-00-001-000-215
    APU
    500001000215

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lorain
    County
    Lorain
    State
    Ohio
    Longitude
    -82.2416
    Latitude
    41.4147
    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
    $192,147
    $1,438,612
    $1,711,388
    $3,150,000
    -
    $4,110,320
    $4,889,680
    $9,000,000

    Comparable in this City

    • Value Estimation by Request
      90,188 SF

      3080 Jaeger Rd

      APPLIANCE STORE • 90,188 SF
      3080 Jaeger Rd, Lorain, OH 44053-2102
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    • Value Estimation by Request
      160,080 SF

      5350 Leavitt Rd

      APPLIANCE STORE • 160,080 SF
      5350 Leavitt Rd, Lorain, OH 44053-2158
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    • Value Estimation
      $610,000
      9,230 SF

      5301 Erie Ave

      APPLIANCE STORE • 9,230 SF
      5301 Erie Ave, Lorain, OH 44053-1341
      View Details
    • Value Estimation
      $305,000
      5,840 SF

      5225 Oberlin Ave Ste, Unit 1

      DRY CLEANER • 5,840 SF
      5225 Oberlin Ave Ste, Lorain, OH 44053-3400
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    • Value Estimation by Request
      104,952 SF

      4330 Leavitt Rd

      APPLIANCE STORE • 104,952 SF
      4330 Leavitt Rd, Lorain, OH 44053-2370
      View Details
    • Value Estimation by Request
      191,168 SF

      4380 Leavitt Rd

      APPLIANCE STORE • 191,168 SF
      4380 Leavitt Rd, Lorain, OH 44053-2370
      View Details

    Similar Nearby for Sale

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      Lorain Retail Property For Sale

      Retail property available for purchase in Lorain, Ohio.
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      Commercial Building Auction Opportunity

      Six-unit commercial building in Lorain, OH, for sale at auction.
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      Pizza Hut Investment Opportunity

      NNN leased Pizza Hut with annual rent increases.
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      Retail Property in Lorain, OH

      Retail property available for sale in Lorain, Ohio.
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    Similar Nearby for Lease

    • Contact for pricing

      Retail Anchor Space Available

      Anchor and junior anchor spaces available in Lorain, Ohio.
      2418-2630 West 21St St, Lorain, OH 44053
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      3,200 SF

      Retail Space Near I-90

      Retail space available near I-90 with flexible layout.
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      2,400 SF

      Retail End-Cap on Oak Point

      2,400 SF end-cap in Lorain, OH near Route 2.
      8000 Oak Point Rd, Lorain, OH 44053
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      4,500 SF

      Retail Space Available For Rent

      Retail space available for rent, 4500 square feet.
      4501 North Leavitt Rd, Lorain, OH 44053
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    • $1,200 /Mo
      8,712 SF

      Commercial Building in Lorain, OH

      Freestanding building with high visibility and flexible interior layout.
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      6,000 SF

      Lorain Meijer Outparcel Land

      Prime retail land, build-to-suit options.
      3100 Cooper Foster Park Rd, Lorain, OH 44053
      View Details

    Property Visit Statistics

    • Visits by month
      34.4k
    • Visitors by month
      20.1k
    • Avg Time on site
      25 min
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    7500 Oak Pt Rd
    Lorain, OH 44053-4149
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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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