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    7405-7425 Industrial Parkway Dr Lorain, OH 44053

    For Sale
    $4,875,000

    Two industrial buildings with fenced yard and highway access.

    Property size:
    73,360 SF
    Lot size:
    2.45 Acres

    Property Features for 7405-7425 Industrial Parkway Dr

    General Information

    Size
    73,360 SF
    Lot size
    2.45 Acres

    Source: JLL | Cleveland Agent Donald G Bain

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

    Overview

    Industrial Buildings with Fenced Yard

    This property features two industrial buildings, one spanning 64,060 square feet and the other 9,300 square feet, totaling 73,360 square feet. The site includes a fenced parking lot and yard, providing ample outdoor storage space. Loading and unloading operations are facilitated by a total of 8 loading docks and 8 overhead doors. Both buildings offer modern and renovated office spaces. The property benefits from its location with excellent highway access, situated approximately 0.7 miles from Route 2.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Building Supply Auto Repair Shop Clothing Store Hotel & Motel Auto Parts Store HVAC Service Storage Facility Garden Center Pawn Shop

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

    Similar Places Nearby

    Lorain Baumhart Storage, Storage Rak, Baumhart Road Self Storage

    Location Insight

    • Map
    • Local Demand
    City
    Lorain
    County
    Lorain
    State
    Ohio
    Longitude
    -82.278173
    Latitude
    41.408363

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    FAQs

    What type of property is this?
    Warehouse - Two industrial buildings with fenced yard and highway access.
    Where is this warehouse located?
    The property is located at 7405-7425 Industrial Parkway Dr Lorain, OH.
    What is the asking price?
    The asking price for this property is $4,875,000.
    What are key features of this property?
    This property features: - Excellent highway access (0.7 miles to Route 2); - **64,060 SF & 9,300 SF industrial buildings**; - Fenced parking lot / yard with ample outdoor storage
    (216) 952-8895
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    7405-7425 Industrial Parkway 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
    7405-7425 Industrial Parkway Dr Lorain, OH 44053
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