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    714 Middle Ave Elyria, OH 44035

    For Sale
    Contact for pricing

    Development opportunity with access to major highways and established retail.

    Lot size:
    0.80 Acres

    Property Features for 714 Middle Ave

    General Information

    Lot size
    0.80 Acres

    Source: Paran Management Company Agent Joe Del Balso

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

    Overview

    Land with Prime Roadside Visibility

    This commercial land offers prime access to I-80, I-90, and SR-57, providing exceptional roadside visibility. It presents a development opportunity suitable for single or multi-tenant retail or fast food establishments. Located in the county seat of Lorain County, the site benefits from ongoing city investment in infrastructure and downtown revitalization. The zoning is business-friendly, and the property is situated within an established retail corridor with national co-tenants. An expanding population and daytime workforce contribute to the area's appeal, further enhanced by nearby parks, schools, and employers, creating a regional draw.
    Insight Report Location Intelligence

    Current Use by Public Records

    ATM Atm

    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
    -82.106824
    Latitude
    41.360234

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    FAQs

    What type of property is this?
    Commercial land - Development opportunity with access to major highways and established retail.
    Where is this commercial land located?
    The property is located at 714 Middle Ave Elyria, OH.
    What are key features of this property?
    This property features: - Prime access to I-80, I-90, and SR-57 with exceptional roadside visibility; - Great development opportunity for single/multi-tenant retail or fast food; - Established retail corridor with national co-tenants
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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
    714 Middle Ave Elyria, OH 44035
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