4329 Lorain AveCleveland, OH 44113

  • Retail properties
  • 22,196 SF
For Lease
$22/SF/YR View listing

Property Details for 4329 Lorain Ave

Year built
2021
Lot size
0.39 AC
Property size (Sq ft)
22,196 SF
Zone code
LR
Property type
Retail properties
Property subtype
Strip malls
APN
007-01-123
APU
701123

Description

Harbor 44, located at 4329 Lorain Ave, Cleveland, OH 44113 (cross street: W 44th St), offers exceptional Class A office space in Cuyahoga County. This two-story building, completed in 2021, boasts a total of 22,000 square feet, with 3,000 square feet currently vacant and available for lease. The minimum divisible space is 2,000 square feet, making it ideal for a variety of businesses. The building features impressive 14-foot ceilings, creating a bright and spacious atmosphere. Modern amenities include elevators for convenient access to all floors. The property is a multi-tenant building, offering a vibrant and collaborative work environment. Harbor 44 is situated in a prime location, offering easy access to major transportation routes and nearby amenities. Join established businesses like Sherwin-Williams and Domino's Pizza in this thriving Cleveland location. The property type is retail and office, with subtypes including creative, traditional, and executive office spaces, catering to diverse business needs. This is a rare opportunity to secure high-quality office space in a sought-after area. Contact us today to schedule a viewing and learn more about leasing opportunities.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,869,796
    6.5%
    $5,418,274
    7%
    $5,031,254
  • Comparable approach

    Method
    Valuation
    Relative Method
    $5,232,059
    Geo Method
    $5,232,059
  • Alternative Use

    Use
    Valuation
    Residential
    $4,570,516
    Hospitality
    $4,186,568
    Educational
    $3,483,176
    Medical
    $3,602,968
    Retail
    $5,418,274
4329 Lorain Ave, Cleveland, Ohio

Location Insight

City
Cleveland
County
Cuyahoga
State
Ohio
Latitude
41.4791
Longitude
-81.7162
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
$58,774
$35,600
$534,450
$570,050
-
$101,700
$1,527,000
$1,628,700

FAQs

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