561 Ternes Ln, Elyria, OH 44035
15,559 SF industrial building in Elyria, Ohio.
- Added:
- Jul 11, 2023
- Days on Market:
- 1082
- Last Refresh:
- Mar 20 at 8:22 pm
Property Features for 561 Ternes Ln
General Information
- Standard status
- Active
- Size
- 15,559 SF
- Property subtype
- Industrial
Listing office Logos Realty Company
Listing date Jul 11, 2023
Source Crexi
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 Logos Realty Company
HighLights
- 15,559sf industrial building
- Located at 561 Ternes
- Property is in Elyria
Overview
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $87.3k | $5.61 |
| − Vacancy | −$3.3k | −$0.21 |
| EGI | $84.0k | $5.40 |
| − OpEx | −$25.2k | −$1.62 |
| NOI | $58.8k | $3.78 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Elyria
- County
- Lorain
- State
- Ohio
- Longitude
- -82.071499
- Latitude
- 41.36587
