501 Broadway, Lorain, OH 44052 Property Records

Lorain County property record for 501 Broadway, Lorain, OH 44052

Property Summary

Property TypeBank, Financial Building
Details4,500 sqft
Lot Size0.1 acres (4,356 sqft)
OwnerCompany Name on File
Tax Bill$1,661 (2025)
Flood ZoneZone X (minimal risk)
APN02-01-004-101-022

Property Details

APN / Parcel Number

Primary APN02-01-004-101-022

Interior

Stories1 Story
Building Area4,500 sqft Gross Area
1st Floor Area3,250 sqft
Basement Area1,250 sqft

Exterior

Lot Area4,356 sqft (0.1 acres)
Lot Dimensions171 ft deep x 25 ft wide
View / LotPrimary

Utilities, Heating & Cooling

Heating FuelGas

Location & Zoning

Street Address501 BROADWAY
CityLORAIN
StateOH
Zip44052
Property CategoryCommercial
Property TypeCommercial > Office > Bank, Financial Building
Legal DescriptionFRNT 0025.00
Legal Tract01
Legal Block101
JurisdictionLORAIN OH
Township / Civil DivisionLORAIN
Census Block Group1
Census Block1005
Census Tract97300

Historic Designation

Source: NPS National Register of Historic Places, as of August 1, 2026

Historic DistrictWithin the Broadway Historic District
listed 2022 · 103 contributing resources · NRIS 100007496

Federal listing alone does not restrict alterations; local historic district rules, which this data does not cover, may apply.

Owner

501 Broadway, a commercial property, is owned by a company.

Source: Lorain County records, as of July 7, 2026

Owner of RecordCompany Name on File
Mailing Address25250 ROCKSIDE RD, BEDFORD, OH 44146-1838
Owner TypeCompany

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Record UpdatedSep 20, 2026

Tax Assessment & Valuation

The 2025 property tax bill for 501 Broadway was $1,661, down 2.3% from the year before.

Source: Lorain County assessment roll, as of May 16, 2025

Property Jurisdictions

TypeName
StateOhio
CountyLorain County
MunicipalityLorain City
Unified School DistrictLorain City School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$1,661.00 (-2.29%)$26,630 (+0.02%) Land $7,060 Building $19,570$76,070 (-) Land $20,160 Building $55,910
2024$1,700.00 (+267.97%)$26,625 (+352.81%) Land $7,056 Building $19,569$76,070 (+352.8%) Land $20,160 Building $55,910
2023$462.00 (-3.75%)$5,880 (-) Land $5,880$16,800 Land $16,800
2022$480.00$5,880 Land $5,880
2021$16,800 Land $16,800

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 501 Broadway in Zone X, an area of minimal flood risk.

Source: FEMA National Flood Hazard Layer, effective May 25, 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

The area around 501 Broadway has no burnable land within ember reach, so its wildfire risk is not rated.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskNot rated
no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Internet Providers

Source: FCC Broadband Data Collection, based on 325 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Brightspeed
Fiber
2,000 / 2,000
Spectrum
Cable · Fiber in parts of the area
1,000 / 1,000
Verizon
Fixed Wireless
300 / 20
AT&T
Fixed Wireless
100 / 20

May also be available: Breezeline, T-Mobile.

Nearby Properties on Broadway

Nearby Streets

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