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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

542 Griswold Rd Elyria, OH 44035

Property ID
Property summary
AI-generated overview

This exceptional commercial property, located at 542 Griswold Road in Elyria, Ohio, presents a unique opportunity for businesses seeking a prominent retail space. The property encompasses a total of 5,344 square feet, currently offering one available unit, perfect for a variety of retail uses, restaurants, or other commercial ventures. Situated in Lorain County, this location boasts excellent visibility and accessibility. Its strategic placement provides convenient access to major roadways, including proximity to State Route 57 via Griswold Road, and is only 0.3 miles from the Ohio Turnpike, ensuring high traffic flow and easy access for customers and employees. The property benefits from its close proximity to established national retailers and restaurants, creating a synergistic environment and attracting a substantial customer base. The property type is classified as Retail, Land, and Restaurant, offering flexibility for potential tenants. The multiple tenancy structure allows for a diverse range of businesses to coexist within the same complex. This property is ideal for businesses seeking a high-traffic location with excellent visibility and convenient access to major transportation routes. The address is 542 Griswold Rd, Elyria, OH 44035. The property's latitude and longitude coordinates are 41.4001913 and -82.1150715 respectively.

Property profile
Verified
Property type Retail properties & Spaces
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Price Drop Discount Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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