24280 lorain rd - arnoldjeisenberg.com lorain rd.pdf · 24280 lorain rd 1.00 2.00 3.00 5.00 north...
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Property Features
For Sale or Lease
1.38 Acres with 2 buildings
Front building 3,760 SF Restaurant / Bar
Rear Building 2,250 SF
Minutes from Great Northern Mall
Adjacent to O’Reilly & AutoZone
Across from Taco Bell
Easily Accessible with Great Parking
24280 Lorain Rd North Olmsted, Ohio
Contact: Steve Tvorik
24500 Chagrin Blvd., Suite 120
Beachwood, Ohio , 44122
Phone: 440-884-3535
216-831-6773
E-mail: tvorikrealty@prodigy.net
HOUSEHOLDS 1 M ILE - 4 ,770
3 M ILE - 28 ,718 5 M ILE - 77 ,807
POPULATION 1 M ILE - 11 ,233 3 M ILE - 66 ,423 5 M ILE - 183,023
AVERAGE INCOME 1 M ILE - $56,433 3 M ILE - $62 ,799 5 M ILE - $68 ,571
DAYTIME POPULATION
1 M ILE - 4 ,286 3 M ILE - 34 ,872 5 M ILE - 85 ,417
AVAILABLE FOR SALE OR LEASE
TVORIK REALTY & ARNOLD J. EISENBERG, INC.
The information submitted herein is not guaranteed. Although obtained from reliable sources, it is subject to errors and omission , prior sale and withdrawal from the market without notice. Seller and broker make no
representation as to the environmental condition of the property and recommend the purchasers independent investigation.
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BereaBereaBereaBereaBereaBereaBereaBereaBerea
BrooklynBrooklynBrooklynBrooklynBrooklynBrooklynBrooklynBrooklynBrooklynFairview ParkFairview ParkFairview ParkFairview ParkFairview ParkFairview ParkFairview ParkFairview ParkFairview Park
Parma HeightsParma HeightsParma HeightsParma HeightsParma HeightsParma HeightsParma HeightsParma HeightsParma Heights
Bay VillageBay VillageBay VillageBay VillageBay VillageBay VillageBay VillageBay VillageBay Village
Brook ParkBrook ParkBrook ParkBrook ParkBrook ParkBrook ParkBrook ParkBrook ParkBrook Park
Rocky RiverRocky RiverRocky RiverRocky RiverRocky RiverRocky RiverRocky RiverRocky RiverRocky River
Middleburg HeightsMiddleburg HeightsMiddleburg HeightsMiddleburg HeightsMiddleburg HeightsMiddleburg HeightsMiddleburg HeightsMiddleburg HeightsMiddleburg HeightsOlmsted FallsOlmsted FallsOlmsted FallsOlmsted FallsOlmsted FallsOlmsted FallsOlmsted FallsOlmsted FallsOlmsted Falls
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WestlakeWestlakeWestlakeWestlakeWestlakeWestlakeWestlakeWestlakeWestlake
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EXECUTIVE SUMMARY
6/11/2012
Coordinates
Prepared for: X: -81.8910
Arnold J. Eisenberg, Inc. Y: 41.4285
24280 Lorain Rd 1.00 2.00 3.00 5.00
North Olmsted OH mile radius mile radius mile radius mile radius
Square Miles Land Mass 3.14 12.56 28.26 76.88
Population & Growth
2011 Total Population 11,233 36,852 66,423 183,023
2011 Population Density 3,578 psm 2,934 psm 2,351 psm 2,381 psm
2010-2011 Growth -162 -1.4% -581 -1.6% -1,227 -1.8% -2,904 -1.6%
2010-2011 Avg. Annual Growth -162 -1.4% -581 -1.6% -1,227 -1.8% -2,904 -1.6%
2016 Total Population 10,543 34,456 61,479 170,972
2016 Population Density 3,358 psm 2,744 psm 2,176 psm 2,224 psm
2011-2016 Proj. Pop. Growth -690 -6.1% -2,395 -6.5% -4,944 -7.4% -12,052 -6.6%
2011-2016 Avg. Annual Growth -138 -1.2% -479 -1.3% -989 -1.5% -2,410 -1.3%
2010 Total Population 11,395 37,433 67,650 185,927
Households & Growth
2011 Households 4,770 15,516 28,718 77,807
2010-2011 Growth -69 -1.4% -245 -1.6% -545 -1.9% -1,284 -1.6%
2010-2011 Avg. Annual Growth -69 -1.4% -245 -1.6% -545 -1.9% -1,284 -1.6%
2016 Households 4,478 14,508 26,533 72,486
2011-2016 Growth -292 -6.1% -1,008 -6.5% -2,185 -7.6% -5,322 -6.8%
2011-2016 Avg. Annual Growth -58 -1.2% -202 -1.3% -437 -1.5% -1,064 -1.4%
2010 Households 4,839 15,761 29,263 79,092
Families
2011 Families 2,982 10,036 17,864 47,962
2016 Families 2,904 9,766 17,234 46,463
Income
2011 Aggregate HH Income $ 269.19 million $ 982.49 million $ 1,803.46 million $ 5,335.32 million
2011 Average Household Income 56,433 63,322 62,799 68,571
2011 Median Household Income 55,956 60,830 56,334 59,693
2011 Per Capita Income 23,608 26,173 26,382 28,534
2016 Aggregate HH Income $252.50 million $917.94 million $1,663.77 million $4,976.37 million
2016 Average Household Income $56,389 $63,272 $62,706 $68,653
2016 Median Household Income $48,240 $49,939 $46,016 $49,640
2016 Per Capita Income $23,583 $26,143 $26,348 $28,580
Daytime Demographics
Number of Employees 4,286 15,472 34,872 85,417
Number of Businesses 277 1,067 2,275 5564
Avg. number Employees per Bus. 15.5 14.5 15.3 15.4
Residents per Business 40.6 34.5 29.2 32.9
Total Aggregate Annual Payroll $147.9 million $565.8 million $1,321.3 million $3,247.3 million
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