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    361 Midway Blvd Elyria, OH 44035

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    For Lease
    Contact for pricing

    Well-kept building suitable for office or medical use.

    Property size:
    3,736 SF
    Lot size:
    0.66 Acres

    Property Features for 361 Midway Blvd

    General Information

    Size
    3,736 SF
    Lot size
    0.66 Acres

    Source: Passov Real Estate Group Agent Ann Ertle

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

    Overview

    Stand Alone Bank Building

    This stand-alone building, previously a Huntington Bank, offers 3,736 square feet of space. The property features high visibility, ample parking, and signage opportunities. It is ideally suited for office or medical use. The location provides quick access to I-90, I-80, and Route 57. The property benefits from its location across the street from an upcoming health, wellness, and industrial park redevelopment by Industrial Commercial Properties.
    Insight Report Location Intelligence

    Current Use by Public Records

    Chemical Bank Bank Huntington Bank Bank Huntington Bank ATM ... Atm ATM First Place ... Bank

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Elyria
    County
    Lorain
    State
    Ohio
    Longitude
    -82.11005
    Latitude
    41.399181

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    FAQs

    What type of property is this?
    Bank - Well-kept building suitable for office or medical use.
    Where is this bank located?
    The property is located at 361 Midway Blvd Elyria, OH.
    What are key features of this property?
    This property features: - High visibility and ample parking; - Ideal for office or medical use; - Quick access to I-90, I-80 and Rt. 57
    (440) 537-5445
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    361 Midway Blvd 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
    361 Midway Blvd Elyria, OH 44035
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