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3404 Lorain Ave 4,032 SF Office Building Cleveland, OH 44113 $1,250,000 ($310.02/SF) 7% Cap Rate
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
4,032 SF
Building Class
B
Year Built/Renovated
1930/2022
Price
$1,250,000
Price Per SF
$310.02
Cap Rate
7%
NOI
$87,500
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
2,010 SF
Building FAR
1.37
Lot Size
0.07 AC
Opportunity Zone
Yes
Zoning
LR - Office Building
Parking
2 Spaces (0.5 Spaces per 1,000 SF Leased)
Moderately walkable
60/100
Exceptionally drivable
90/100
Good public transit
60/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 003-36-058 | Improvements Assessment | $180,285 |
| Land Assessment | $10,290 | Total Assessment | $190,575 |
Property Taxes
Parcel Number
003-36-058
Land Assessment
$10,290
Improvements Assessment
$180,285
Total Assessment
$190,575
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3404 Lorain Ave
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