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    7451 Terminal Dr Lorain, OH 44053

    For Lease
    $3,750,000

    81,640 SF industrial building on 38.3 acres for lease.

    Property size:
    81,640 SF
    Lot size:
    36.80 Acres

    Property Features for 7451 Terminal Dr

    General Information

    Size
    81,640 SF
    Lot size
    36.80 Acres

    Source: CBRE | Cleveland Agent Mike Petrigan, SIOR

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lorain Industrial Redevelopment Opportunity

    Located off Baumhart Road, 7451 Terminal Drive is an industrial site available for lease or sale, suitable for redevelopment. The property includes an 81,640-square-foot industrial building, originally built as a truck terminal in 1958. The building features 2 docks, 6 drive-in doors, and an 18-foot clear height. Office space within the building totals 9,360 square feet. The site encompasses 38.3 acres of land with 664 feet of frontage on Baumhart Road. The property is zoned for heavy industrial use (I-2) and is part of the City of Lorain’s Community Reinvestment Area (Area 4). The location provides access to major routes, situated 1.2 miles from Route 2 and 3.6 miles from I-90 via Baumhart Road. It is located between Cleveland (40 minutes) and Toledo (1 hour and 15 minutes).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storage Rak Self-Storage Facility

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lorain
    County
    Lorain
    State
    Ohio
    Longitude
    -82.1717618
    Latitude
    41.4696149

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    FAQs

    What type of property is this?
    Truck terminal - 81,640 SF industrial building on 38.3 acres for lease.
    Where is this truck terminal located?
    The property is located at 7451 Terminal Dr Lorain, OH.
    What are key features of this property?
    This property features: - 38.3 acres of land zoned for Heavy Industrial (I-2); - Excellent location with 664’ of frontage on Baumhart Road, close to Route 2 and I-90; - 81,640 SF industrial building suitable for redevelopment
    (216) 363-6435
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    7451 Terminal Dr Lorain, OH 44053
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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
    7451 Terminal Dr Lorain, OH 44053
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