Current Use by Public Records
- Land
Property Details for 0 Murray Rdg Rd & Lowell St
- Lot size
- 2.34 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional offering encompasses three parcels of prime industrial land totaling up to 23.74 acres in Elyria, Ohio. Strategically located with excellent freeway access and situated amongst thriving industrial neighbors, this property presents a compelling opportunity for light industrial development, warehousing, or storage solutions. All utilities are readily available on-site. The property is zoned L-1 for Light Industrial use, ensuring a straightforward path to development. The three parcels are individually identified by their APN numbers: 0624021000077 (10.47 acres), 0624014000088 (10.93 acres), and 0624014000087 (2.34 acres). The asking price for the entire 23.74-acre assemblage is $925,860, representing approximately $39,000 per acre. The City of Elyria actively supports development initiatives, making this a particularly attractive investment opportunity. The property's location offers convenient access to major transportation routes, enhancing its logistical appeal for businesses seeking efficient distribution networks. This is a rare opportunity to acquire a significant land holding in a desirable industrial area with strong potential for future growth and profitability. The property is conveniently located near Murray Ridge Road & Lowell Street and Shilling Drive in Elyria, Ohio, zip code 44035.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Elyria
- County
- Lorain
- State
- Ohio
- Longitude
- -82.1502
- Latitude
- 41.3753
