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    186 Commerce Dr Lagrange, OH 44050

    For Sale
    $4,063,000

    Fully renovated industrial warehouse with modern upgrades and ample space.

    Property size:
    47,576 SF
    Lot size:
    2.02 Acres

    Property Features for 186 Commerce Dr

    General Information

    Size
    47,576 SF
    Lot size
    2.02 Acres

    Source: Newmark | Cleveland Agent Terry Coyne, SIOR, CCIM

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

    Overview

    Renovated Industrial Warehouse in LaGrange

    This industrial property, located in LaGrange, Ohio, features a fully reconditioned exterior with new paint and landscaping. The parking lot has been upgraded with new 8-inch reinforced concrete and asphalt. The interior office suite has undergone a complete renovation, including new paint, luxury carpet and vinyl tile, and ceiling tiles. Brand new LED lighting has been installed throughout the entire building, including the shop area, which has also been fully restored. The property includes eight brand new roof-mounted HVAC units, new dock shelters and bumpers, and a 125 HP rotary screw air compressor. The dock doors have been refinished, and two new man doors have been added. New security and emergency exit lights, along with a new sprinkler-monitoring system and panel, have been installed. The property encompasses 47576 square feet and is suitable for warehouse, industrial, and distribution purposes.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Micron Manufacturing Manufacturer

    Suggested Use

    Restaurant Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Hotel & Motel

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

    Similar Places Nearby

    Keystone Self Storage, 1st Choice Storage

    Location Insight

    • Map
    • Local Demand
    City
    Lagrange
    County
    Lorain
    State
    Ohio
    Longitude
    -82.1251681
    Latitude
    41.2282547

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    FAQs

    What type of property is this?
    Warehouse - Fully renovated industrial warehouse with modern upgrades and ample space.
    Where is this warehouse located?
    The property is located at 186 Commerce Dr Lagrange, OH.
    What is the asking price?
    The asking price for this property is $4,063,000.
    What are key features of this property?
    This property features: - Eight (8) brand new roof-mounted HVAC units; - Full office suite interior renovation: paint, luxury carpet & vinyl tile, ceiling tiles; - Full exterior reconditioning: new paint & landscaping
    (216) 861-3040
    Request Owner's contact information
    186 Commerce Dr Lagrange, OH 44050
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    Lagrange, OH 44050
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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
    186 Commerce Dr Lagrange, OH 44050
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