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25853 Lorain Rd
North Olmsted, OH 44070
Bob Evans · Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Restaurant
Building Size
5,003 SF
Building Class
C
Year Built/Renovated
1985/2013
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
3.00 AC
Zoning
CRG
Frontage
176’ on Lorain Rd

About 25853 LORAIN RD , NORTH OLMSTED, OH 44070

This Bob Evans property is located at 25853 Lorain Road in North Olmsted, Ohio. North Olmsted is a city in Cuyahoga County, and a west-side suburb of Cleveland, Ohio. It is also home to the Rocky River Reservation, one of Cleveland Metropark’s natural park reservations. Most common industries in North Olmsted are Manufacturing, Retail Trade, and Healthcare, with combined employment spanning roughly 42 percent. Surrounding Retail and Points of Interest The subject property is well-positioned in a dense retail corridor, benefitting from its close proximity to major national and local tenants. Nearby national tenants include: Walmart, Home Depot, Dick’s, Macy’s, JCPenney, Sears, Best Buy, Bed Bath & Beyond, PetSmart, Burlington Coat Factory, DSW, and many more. Hotel accommodations in the area include the Courtyard Inn & Suites, Radisson Hotel, La Quinta Inn & Suites, and many other local offerings as well. Strayer University, with 42,975 students enrolled annually, has a Fairway Park campus less than three miles from this Bob Evans location. North Olmsted High School, with annual enrollment of 1,602 students, is less than two miles from the subject property. Cleveland Hopkins International Airport is also in close vicinity, roughly five miles from the Bob Evans location. Traffic Counts and Demographics There are approximately 63,617 people within a three-mile radius of this property and more than 172,092 within a five-mile radius. The property is located on Walnut Road, which experiences average daily traffic counts of 49,695 vehicles. The property is also located nearby U.S. Highway-1, which experiences average daily traffic counts of 137,000 vehicles. Cleveland, OH Cleveland is the county seat of Cuyahoga County, the most populous county in the state. Healthcare, manufacturing, and retail trade make up the largest industries in Cleveland. The economy shows diversity, being home to the corporate headquarters of many large companies such as Applied Industrial Technologies, Cliffs Natural Resources, Forest City Enterprises, Sherwin-Williams Company and KeyCorp. NASA maintains a facility, the Glenn Research Center, in Cleveland. Jones Day, one of the largest law firms in the U.S., also began in Cleveland. Cleveland is also home to the Cleveland Museum of Art, a major American art museum with a collection that includes over 40,000 works of art spanning 6,000 years. Fashion Week Cleveland, the third-largest fashion show of its kind in the U.S., is another driver of traffic and tourism into Cleveland.

Property Taxes

Property Taxes

Parcel Number
236-02-002
Land Assessment
$366,870
Improvements Assessment
$473,340
Total Assessment
$840,210
  • Listing ID: 12444539

  • Date on Market: 5/2/2018

  • Last Updated:

  • Address: 25853 Lorain Rd, North Olmsted, OH 44070

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