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    342 Chestnut Commons Dr Elyria, OH 44035

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    For Lease
    $22 SF/Yr ($2,685 /Mo)

    Retail space available within a 45,743 sq ft plaza.

    Property size:
    1,465 SF
    Lot size:
    5.40 Acres

    Property Features for 342 Chestnut Commons Dr

    General Information

    Size
    1,465 SF
    Lot size
    5.40 Acres

    Source: Cohen Commercial Group Agent Craig Cohen

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

    Overview

    Retail Space in Elyria Plaza

    Available for lease is a retail space encompassing 1,465 square feet. The property is situated within a 45,743 square foot plaza, located at the intersection of Rt 57 and Chestnut Ridge.
    Location Intelligence

    Current Use by Public Records

    GameStop Video Game Store

    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
    -81.9857393
    Latitude
    41.435719

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    FAQs

    What type of property is this?
    Retail space - Retail space available within a 45,743 sq ft plaza.
    Where is this retail space located?
    The property is located at 342 Chestnut Commons Dr Elyria, OH.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: - 45,743 sq ft Plaza; - Located at the intersection of Rt 57 and Chestnut Ridge; - Address: 110 – 390 Chestnut Commons Drive
    (216) 223-5060
    Request Owner's contact information
    342 Chestnut Commons Dr 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
    342 Chestnut Commons Dr Elyria, OH 44035
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