Financial
Distress signals
Property profile

901 Cleveland St Elyria, OH 44035

FOR LEASE
Industrial properties
Property ID
US66-5355302
149,494 SF 18.05 ac lot
Last sale Sep 2024 · $6,100,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This exceptional industrial property, located at 901 Cleveland Street in Elyria, Ohio, presents a significant leasing opportunity. The single-tenant warehouse boasts a substantial 450,300 square feet of space, all currently vacant and ready for immediate occupancy. Situated on a generous 36-acre lot, the property offers ample room for expansion or future development. The warehouse features impressive ceiling heights ranging from 14 to 22 feet, providing significant vertical storage capacity.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$131k
Tax billed · 2023
Assessed value$1.80M
Assessed land$172k
Assessed improvement$1.62M
Effective rate7.27%

Value estimate

· Sep 2026
$6.10M
$5.49M – $6.71M
AI approach$6.10M
Submarket $/SF estimate$8.00M
NOI build-up
Gross scheduled income$1.80M
Vacancy & credit loss−$68k
Operating expenses−$259k
NOI · 32,620,777.78% cap applied$1.47M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$59/SF
ZIP average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$22 – $115

Cap rate analysis

How does the asset earn?
32,620,777.78%
$1.47M 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 agency33.6
Law Firm22.0
Dental Office19.5

Location

901 Cleveland St Elyria, OH 44035
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file 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 · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
38830 Taylor, North Ridgeville, OH 44035-6254 $1,150,000 Nov 2024 27,500 SF
1301 Lowell, Elyria, OH 44035-4864 $42,500 Oct 2024 27,200 SF
680 Sugar, Elyria, OH 44035-6310 $900,000 Sep 2024 25,600 SF
120 Keep, Elyria, OH 44035-2215 $1,272,000 Aug 2024 10,274 SF
7974 Murray Rdg, Elyria, OH 44035-2065 $450,000 Aug 2024 8,700 SF
131 Williams, Elyria, OH 44035-6127 $305,000 May 2024 31,258 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message