Property profile

15534 Elyria Rd West Salem, OH 44287

OFF-MARKET
Retail space
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Property summary

AI-generated overview

Great opportunity! Bring your ideas for this unzoned and unrestricted property. The existing building (built in 2015) offers a great start, with over 2,000 square feet of potential retail, restaurant, or shop space. Fantastic location that is within sight of a very popular produce auction and just minutes from the Dragway 42. Sellers also intend to leave much of the equipment behind to include a commercial hood, 3-compartment sink and walk-in cooler. To maximize the two acres, the property was configured with a future home site at the rear of property and even includes a shared septic system already in place.

Property profile

Verified
Property type Retail space

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

15534 Elyria Rd West Salem, OH 44287
West Salem metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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