Property profile

1017 Commerce Dr Grafton, OH 44044

FOR LEASE
Industrial properties
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Property ID
US66-2487574
8,400 SF 1.48 ac Built 1995
Last sale Aug 2022·$475,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$9k
Tax billed · 2023
Assessed value$167k
Assessed land$22k
Assessed improvement$145k
Effective rate5.48%

Value estimate

· Nov 2026
$375k
$338k – $413k
AI approach$410k
NOI build-up
Gross scheduled income$47k
Vacancy & credit loss−$2k
Operating expenses−$7k
NOI · 616,528.00% cap applied$39k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$58/SF
County average, outlier-cleaned · 59 recorded sales of this use type
Observed band · Q1–Q3$25 – $86
Qualifying comparables6

Cap rate analysis

How does the asset earn?
616,528.00%
$39k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionLORAIN

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency15.4
Law Firm12.5
Dental Office12.0

Location

1017 Commerce Dr Grafton, OH 44044
County assessor Recorded deeds · 2 transfers 6 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
800 Barchard, Grafton, OH 44044-1352 $211,000 Jun 2024 4,000 SF
1000 Commerce, Grafton, OH 44044-1271 $695,000 Feb 2024 11,360 SF
1021 Commerce, Grafton, OH 44044-1279 $675,000 Aug 2022 11,952 SF
12660 Avon Belden, Grafton, OH 44044-9296 $266,000 Sep 2021 10,044 SF
1080 Cleveland, Grafton, OH 44044-1319 $215,000 May 2020 6,340 SF
1004 Commerce, Grafton, OH 44044-1273 $470,000 Oct 2019 11,932 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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