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    620 E River St Elyria, OH 44035

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    For Sale
    $1,100,000

    Office building with high traffic and downtown proximity.

    Property size:
    38,531 SF
    Lot size:
    9.00 Acres

    Property Features for 620 E River St

    General Information

    Size
    38,531 SF
    Lot size
    9.00 Acres

    Source: JLL | Cleveland Agent Kristy Hull, SIOR, CCIM

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

    Overview

    Elyria Office Building For Sale

    This property, zoned R-TH Residential Two Household, is located in close proximity to Downtown Elyria and Elyria Catholic High School. It offers immediate access to E Broad Street, which provides access to Route 57 north and south to the east. The property experiences daily traffic counts of 5,127 vehicles per day along E River St. Neighboring businesses include University Hospitals, Unplugged Brewing, Lormet Community Federal Credit Union, Lorain County Court House and Justice Center, RIDGID Tool Company, and Parker Aerospace. The property has a size of 38,531 square feet.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Elyria
    County
    Lorain
    State
    Ohio
    Longitude
    -82.103436
    Latitude
    41.361052

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    FAQs

    What type of property is this?
    Office building - Office building with high traffic and downtown proximity.
    Where is this office building located?
    The property is located at 620 E River St Elyria, OH.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: - Zoned R-TH Residential Two Household; - Close proximity to Downtown Elyria and Elyria Catholic High School; - Immediate access to E Broad Street with access to Route 57
    (216) 861-7171
    Request Owner's contact information
    620 E River St 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
    620 E River St Elyria, OH 44035
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