Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    426 Oberlin Rd Elyria, OH 44035

    For Sale
    Contact for pricing

    Retail space available near Rural King and major roadways.

    Property size:
    15,659 SF
    Lot size:
    30.57 Acres

    Property Features for 426 Oberlin Rd

    General Information

    Size
    15,659 SF
    Lot size
    30.57 Acres

    Source: Goodman Real Estate Agent Alex Justice

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

    Overview

    Retail Opportunity Near Rural King

    This retail property offers an opportunity to join Rural King, either on an outlot or in an adjacent former grocery store. The location benefits from its proximity to Lagrange Road/Oberlin-Elyria Road, a key exit off State Route 20, which sees a traffic volume of 23,064 vehicles per day as of 2023. This route directs traffic both south past the site and north into the main population center of Elyria. The property is situated within a 10-mile radius of over 280,000 residents. Over 10,000 vehicles pass the site daily on Oberlin Road. The property has a size of 15,659 square feet.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Elyria
    County
    Lorain
    State
    Ohio
    Longitude
    -82.114024
    Latitude
    41.344999

    Nearby Similar for Sale

    • $199,900
      0.26 Acres

      Mixed-Use Property in High-Traffic Location

      Mixed-use property with retail/office space and residential apartment.
      436 Cleveland St, Elyria, OH 44035
      View Details
    • New
      $160,000
      1,922 SF

      Elyria Duplex with Income Potential

      Turnkey duplex in Elyria, tenants pay all utilities.
      227 6Th St, Elyria, OH 44035
      View Details
    • $139,900
      0.13 Acres

      Renovated Retail with Income Apartments

      Newly renovated retail space with three apartments for rental income.
      1412 West Ave, Elyria, OH 44035
      View Details
    • New
      $285,000
      0.06 Acres

      Professional Office Condo For Sale

      2400 sq ft office condo in prime Lorain County location.
      5319 Meadow Lane Ct, Sheffield Village, OH 44035
      View Details
    • $399,000
      1.00 Acre

      Turn-Key Restaurant & Bar Opportunity

      Fully operational restaurant and bar with equipment and liquor license.
      42753 N Ridge Rd, Elyria, OH 44035
      View Details
    • $149,900
      Pending

      Turnkey Triplex Investment Opportunity

      Fully leased triplex with recent upgrades and reliable tenants.
      1120 East Ave, Elyria, OH 44035
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail space available near Rural King and major roadways.
    Where is this retail space located?
    The property is located at 426 Oberlin Rd Elyria, OH.
    What are key features of this property?
    This property features: - Outlot or adjacent former grocery store location next to Rural King.; - High traffic location with 23,064 vehicles per day on State Route 20 (2023).; - High population density: Over 280,000 people within a 10-mile radius.
    (216) 342-9318
    Request Owner's contact information
    426 Oberlin Rd Elyria, OH 44035
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    426 Oberlin Rd
    Elyria, OH 44035
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    426 Oberlin Rd Elyria, OH 44035
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.