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    4193-4195 Laylin Rd Norwalk, OH 44857

    For Sale
    $204,900

    Five-acre lot, salvage yard, multiple buildings.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional investment opportunity encompasses nearly five acres of land at 4193-4195 Laylin Road in Norwalk, Ohio. The property currently operates as a salvage yard and presents significant potential for various business ventures. The expansive lot includes multiple buildings, providing ample space for storage and operations. These structures consist of garages equipped with work bays, and additional storage buildings. A key advantage is the extensive paved concrete surface covering the majority of the property, simplifying operations and minimizing maintenance. The entire site is securely enclosed by fencing, enhancing security and control. The property's strategic location offers easy access to major highways, ensuring convenient transportation and logistics. This substantial land parcel, with its existing infrastructure and prime location, represents a rare chance to acquire a versatile commercial property with considerable upside. The existing buildings and paved area provide immediate utility, while the size of the lot allows for expansion or redevelopment to suit a wide range of business needs. Investors seeking a substantial property with immediate income potential and long-term growth prospects should act quickly to explore this unique opportunity. The property is priced at $204,900.

    Property Features for 4193-4195 Laylin Rd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    216,058 SF

    Building Details

    Year Built
    1983
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Spa & Massage Building Supply Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon Hotel & Motel Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Norwalk
    County
    Huron
    State
    Ohio
    Longitude
    -82.56737
    Latitude
    41.25397

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    FAQs

    What type of property is this?
    Commercial real estate - Five-acre lot, salvage yard, multiple buildings.
    Where is this commercial real estate located?
    The property is located at 4193-4195 Laylin Rd Norwalk, OH.
    What is the asking price?
    The asking price for this property is $204,900.
    (440) 282-4444
    Request Owner's contact information
    4193-4195 Laylin Rd Norwalk, OH 44857
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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
    4193-4195 Laylin Rd Norwalk, OH 44857
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