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    Property profile & analytics

    Drake Rd Strongsville, OH 44149

    • Industrial land
    • 1,656 SF
    • 2.03 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jul 08, 2021
    $75,000
    Location Intelligence
    Property ID
    US66-3970746
    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

    • Industrial land

    Property Details for Drake Rd

    Year built
    1909
    Lot size
    2.03 lot acres
    Property size
    1,656 SF
    Zone code
    GI
    Property type
    Industrial land
    APN
    394-06-002
    APU
    39406002

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Strongsville
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.8585
    Latitude
    41.2909
    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
    $2,145
    $26,250
    $0.00
    $26,250
    -
    $75,000
    $0.00
    $75,000

    Comparable in this City

    • Value Estimation by Request
      12.99 Acres

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      1.46 Acres

      Drake Rd

      INDUSTRIAL - VACANT LAND • 1.46 Acres
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      Royalton Rd

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      19.42 Acres

      13370 Prospect Rd

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      11.51 Acres

      Erwin Dr

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    • Value Estimation by Request
      5.00 Acres

      Foltz Industrial Pkwy

      INDUSTRIAL - VACANT LAND • 5.00 Acres
      Foltz Industrial Pkwy, Strongsville, OH 44149
      View Details

    Similar Nearby for Sale

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      Prime Strongsville Commercial Land

      1.18 Acres, Pearl Rd, $750,000
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      Strongsville Industrial Land - $160K

      Prime 2-acre industrial lot, excellent location.
      0 Drake Rd, Strongsville, OH 44149
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    • $1,250,000
      18,920 SF

      Prime Strongsville Storefront Opportunity

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    Similar Nearby for Lease

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      7,500 SF

      Strongsville Retail & Restaurant Space

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    • $3,000 /Mo
      52,708 SF

      Office/Warehouse in Strongsville, Ohio

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    • $1,500 /Mo
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      Strongsville Office Space Available

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    • $5 SF/Yr
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      Available Flex and Office Space

      38,960 SF flex and office space available for lease.
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    • Contact for pricing
      40,130 SF

      Strongsville Warehouse: 40,130 SF

      Single-tenant industrial warehouse; 22 acres.
      21600 Drake Rd, Strongsville, OH 44149
      View Details
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    Drake Rd
    Strongsville, OH 44149
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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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