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    160 Eady Ct Elyria, OH 44035

    Sponsored
    For Sale
    $229,000

    Spacious warehouse, flexible layout, great location.

    Property size:
    6,256 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    343
    This exceptional 6,256 square foot warehouse at 160 Eady Court, Elyria, OH, presents a compelling investment opportunity for both owner-users and investors. Situated on a 0.36-acre lot, this single-story cement block building offers significant potential. Currently featuring a wide-open interior, the property allows for complete customization to suit diverse business needs. Preliminary architectural plans exist to subdivide the space into seven flexible rental units, offering a potential path to increased revenue. The building boasts two overhead doors—one approximately 11 feet high and the other 9 feet high—facilitating efficient loading and unloading of goods. Ample parking is available, with approximately 20 spaces in the rear and 7 in the front, plus additional space in a front nook. A fenced rear lot enhances security and provides potential for extra storage or parking. The property benefits from three-phase power, ideal for businesses requiring industrial machinery. Furthermore, the roof was replaced in 2023 and comes with a transferable 12-year warranty, providing peace of mind for years to come. This property's combination of size, location, and features makes it an attractive prospect for a variety of commercial uses.

    Property Features for 160 Eady Ct

    General Information

    Property type
    Investment properties
    Square Feet
    6,256 SF
    Lot Size
    15,682 SF

    Building Details

    Year Built
    1919
    Property Profile Location Intelligence

    Current Use by Public Records

    Investment properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Elyria
    County
    Lorain
    State
    Ohio
    Longitude
    -82.07915
    Latitude
    41.37447

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    FAQs

    What type of property is this?
    Investment property - Spacious warehouse, flexible layout, great location.
    Where is this investment property located?
    The property is located at 160 Eady Ct Elyria, OH.
    What is the asking price?
    The asking price for this property is $229,000.
    (440) 572-1200
    Request Owner's contact information
    160 Eady Ct Elyria, OH 44035
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    Elyria, OH 44035
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    160 Eady Ct Elyria, OH 44035
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