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    5464 Detroit Rd Elyria, OH 44035

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    For Lease
    Contact for pricing

    30,000 SF medical space available Summer 2026 in Elyria, OH.

    Property size:
    30,000 SF
    Lot size:
    0.98 Acres

    Property Features for 5464 Detroit Rd

    General Information

    Size
    30,000 SF
    Lot size
    0.98 Acres

    Source: CBRE | Cleveland Agent Kevin Moss

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

    Overview

    New Medical Space For Lease

    New medical space totaling 30,000 square feet will be available for lease in the summer of 2026. The space can be divided, with units starting from 2,200 square feet. Phase 1 will consist of a new 10,000-square-foot building. A new 63-unit EPCON Magnolia Meadows Community is currently under construction nearby. The property is located close to the Sheffield Village retail corridor, with nearby businesses including Sam's Club, Burlington, At Home, Giant Eagle, Sheetz, Chipotle, and Starbucks. The surrounding area has a population of 128,737 within a 5-mile radius and an average household income of $91,646.
    Insight Report Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Elyria
    County
    Lorain
    State
    Ohio
    Longitude
    -82.0747179
    Latitude
    41.4337818

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    FAQs

    What type of property is this?
    Medical office - 30,000 SF medical space available Summer 2026 in Elyria, OH.
    Where is this medical office located?
    The property is located at 5464 Detroit Rd Elyria, OH.
    What are key features of this property?
    This property features: - High-traffic location: Close to Sheffield Village retail corridor and major retailers.; - Strong demographics: Situated within a 5-mile radius boasting a population of 128,737 and an average household income of $91,646.; - New medical space: **30,000 SF of new medical space available for lease, Summer 2026.**
    (216) 577-1517
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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
    5464 Detroit Rd Elyria, OH 44035
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