Elyria Self-Storage and Industrial Property

W Ridge Rd 9425, Elyria, OH

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For Sale

Contact for pricing

Owner-operated self-storage and industrial property with value-add opportunities.

Type:INDUSTRIAL

Property size:

21,960 SF

Lot size:

3.50 Acres

Price / SF:

$88/SF

HighLights

Strong Recent Performance: See significant growth in physical occupancy (4%), economic occupancy (8.7%), and effective rate (8.5%) since August 2023.
Owner Operated Site: Presents opportunities for hands‑on management.
Variety of Management Value Add Opportunities: Potential to increase property value through improved management strategies.
Opportunity to implement a Tenant Improvement (TI) program to attract and retain tenants.
All Site Visits Must be Scheduled Through SkyView Advisors
Additional Property Details

We can help!

Listing Contact

Scott Schoettlin

For Sale

Contact for pricing

Owner-operated self-storage and industrial property with value-add opportunities.

Type:INDUSTRIAL

Property size:

21,960 SF

Lot size:

3.50 Acres

Price / SF:

$88/SF

Added:: Sep 10, 2024
Days on Market:: 642
Last Refresh:: May 19 at 10:42 pm

Property Features for W Ridge Rd 9425

General Information

Standard status: Active
Size: 21,960 SF
Lot size: 3.50 Acres
Property subtype: INDUSTRIAL

We can help!

Listing Contact

Scott Schoettlin

Listing agent Scott Schoettlin License #FL SL3426060

Listing office SkyView Advisors

Listing date Sep 10, 2024

Source Moodyscre

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

All listing content including descriptions, pricing, images are the copyrighted material of SkyView Advisors

HighLights

Strong Recent Performance: See significant growth in physical occupancy (4%), economic occupancy (8.7%), and effective rate (8.5%) since August 2023.
Owner Operated Site: Presents opportunities for hands‑on management.
Variety of Management Value Add Opportunities: Potential to increase property value through improved management strategies.
Opportunity to implement a Tenant Improvement (TI) program to attract and retain tenants.
All Site Visits Must be Scheduled Through SkyView Advisors
Additional Property Details

Overview

This property, located in Elyria, OH, is an owner-operated site offering a variety of management value-add opportunities, including the implementation of a Tenant Insurance (TI) program. The property has demonstrated strong recent performance. Since August 2023, physical occupancy has grown by 4%, economic occupancy has grown by 8.7%, and the effective rate has grown by 8.5%. The property is suitable for self-storage and industrial purposes and comprises 21,960 square feet.

Property Profile Location Intelligence

Current Use by Public Records

Self storage facilities

Map

City: Elyria
County: Lorain
State: Ohio
Longitude: -82.1553
Latitude: 41.3535

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What type of property is this?

Self storage facility - Owner-operated self-storage and industrial property with value-add opportunities.

Where is this self storage facility located?

The property is located at W Ridge Rd 9425 Elyria, OH.

What is the asking price?

The asking price for this property is $1,950,000.

What are key features of this property?

This property features: Strong Recent Performance: See significant growth in physical occupancy (4%), economic occupancy (8.7%), and effective rate (8.5%) since August 2023.; Owner Operated Site: Presents opportunities for hands‑on management.; Variety of Management Value Add Opportunities: Potential to increase property value through improved management strategies.

W Ridge Rd 9425, Elyria, OH

Owner-operated self-storage and industrial property with value-add opportunities.

Property Features for W Ridge Rd 9425

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Map

Nearby Similar for Sale

Riverfront Quadplex Investment Opportunity

Spacious Quadplex with Riverfront Lot

Retail Showroom Office Building

Mixed-Use Building with Apartment

Car Wash Property with Dual Entrances

New Construction Duplex Investment Property

Elyria Duplex with Income Potential

Elyria Retail Investment Opportunity

Elyria Duplex: BRRRR Opportunity

Flex Space with Storage Building

Free-Standing Vacant Burger King

Elyria Office Building For Sale

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