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    525 Mussey Ave Elyria, OH 44035

    For Lease
    $4 SF/Yr

    Large industrial warehouse, divisible spaces available.

    Lot size:
    176,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 176,000-square-foot warehouse at 525 Mussey Ave in Elyria, Ohio, presents a significant opportunity for businesses seeking industrial space. Located in Lorain County, this property sits on a substantial 57.2-acre lot and features a single building with a high 25-foot ceiling clearance, ideal for various storage and operational needs. The warehouse is currently fully vacant, offering immediate occupancy for a single tenant or multiple tenants. Flexible space options are available, with a minimum divisible space of 8,000 square feet and the potential to lease the entire 176,000 square feet contiguously. The property boasts robust 480/3-phase power, ensuring sufficient capacity for energy-intensive operations. Zoned H-2, this location provides ample opportunity for a variety of industrial uses. The address is 525 Mussey Ave, Elyria, OH 44035. This property offers a rare combination of size, flexibility, and location, making it an attractive investment for businesses seeking a substantial industrial footprint in the Elyria market.

    Property Features for 525 Mussey Ave

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    176,000 SF
    Total Rate
    62333.33

    Building Details

    Buildings
    1

    Unit(s) available at that property

    Space
    1
    Size
    176,000 SF
    Rate per SF
    $4
    Space
    Suite B
    Size
    55,000 SF
    Space
    Suite A
    Size
    25,000 SF
    Space
    Suite C
    Size
    18,000 SF
    Space
    Suite D
    Size
    8,000 SF
    Space
    Suite E
    Size
    70,000 SF
    Space
    1
    Size
    176,000 SF

    HighLights

    • Multiple crane bays with ample lifting capacity.
    • 40' to 50' clear span warehouse space.
    • 25' clear ceiling height.
    • 480/3‑phase power available.
    • Secure outside storage area included.
    • Zoned H‑2 for heavy industrial use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Distribution centers

    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
    -82.1155092
    Latitude
    41.3536474

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    FAQs

    What type of property is this?
    Distribution property - Large industrial warehouse, divisible spaces available.
    Where is this distribution property located?
    The property is located at 525 Mussey Ave Elyria, OH.
    What is the lease rate?
    The lease rate is $0.00-$4 SF/Yr.
    What are key features of this property?
    This property features: Multiple crane bays with ample lifting capacity.; 40' to 50' clear span warehouse space.; 25' clear ceiling height.
    Request Owner's contact information
    525 Mussey Ave 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
    525 Mussey Ave Elyria, OH 44035
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