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Lorain Industrial Site For Lease
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7451 Terminal Drive, Lorain, OH 44053

81,640 SF industrial property with redevelopment potential in Lorain, OH.

Space SizeContact for details
Lot Size38.30 Acres
Days on Market140

Property Features for 7451 Terminal Drive

General Information

Standard status Active
Lot size 38.30 Acres
Property subtype Industrial
Listing Agency: CBRE - Cleveland
Listed By: Mike Petrigan · License #SAL.0000435412
Source: Cbre
Added: Mar 25 Changed: Jul 10 Last Checked: Aug 11 at 6:00PM

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 CBRE - Cleveland

Investment Insights

Based on property information with market context.

Located off Baumhart Road, 7451 Terminal Drive is an 81,640 square foot site available for lease or sale, presenting redevelopment opportunities. The property includes 2 docks and 6 drive-in doors, with an 18-foot clear height and 9,360 square feet of office space. The property sits on 38.3 acres. It has 664 feet of frontage on Baumhart Road. The property is zoned for Heavy Industrial (I-2) and is part of the City of Lorain’s Community Reinvestment Area (Area 4). The location is 1.2 miles to Route 2 and 3.6 miles to I-90 from Baumhart Road, situated between Cleveland (40 minutes) and Toledo (1 hour and 15 minutes).

Key Highlights

  • Excellent location with 664' of frontage on Baumhart Road, close to Route 2 and I‑90.
  • 38.3 acres available for lease or sale, suitable for redevelopment.
  • Zoned for Heavy Industrial (I‑2).

Property Analytics

Current Use

Storage Rak Storage Facility

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Big Box & Wholesale Store Spa & Massage Center Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

43
Businesses Nearby
Well-served
Demand for This Use

Demographics for 44053, OH

20,735
Population
9,529
Households
2.2
Avg Household Size
44
Median Age
21%
College-Educated
91%
High-School Grad
10.8 sq mi
ZIP Area
1,920
Density / Sq Mi
$65,332
Median Household Income
$43,654
Median Earnings
$827
Median Rent
$189,500
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
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Similar Off Market Nearby

  • Spectrum Catering 300 Broadway Suite 202, Lorain, OH 44052
  • SIMPLY 216 VENDING&CATER 1009 W 10th St, Lorain, OH 44052

Frequently Asked Questions

What type of property is this?
Flex space - 81,640 SF industrial property with redevelopment potential in Lorain, OH.
Where is this flex space located?
The property is located at 7451 Terminal Drive Lorain, OH.
What are key features of this property?
This property features: Excellent location with 664' of frontage on Baumhart Road, close to Route 2 and I‑90.; 38.3 acres available for lease or sale, suitable for redevelopment.; Zoned for Heavy Industrial (I‑2).
More about this property
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