Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    1001 Commerce Dr Grafton, OH 44044-1278

    • Industrial properties
    • 23,632 SF
    • 2.99 lot acres
    OFF-MARKET
    Value Estimation
    $520,000
    Last Sale
    Sep 19, 2024
    Location Intelligence
    Property ID
    US66-1583028
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Industrial properties

    Property Details for 1001 Commerce Dr

    Year built
    1986
    Lot size
    2.99 lot acres
    Property size
    23,632 SF
    Property type
    Industrial properties
    APN
    11-00-099-000-256
    APU
    1100099000256

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Grafton
    County
    Lorain
    State
    Ohio
    Longitude
    -82.067
    Latitude
    41.2846
    CBSA code
    17460
    CBSA name
    CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $13,335
    $37,426
    $205,727
    $243,153
    -
    $106,930
    $587,790
    $694,720

    Comparable in this City

    • Value Estimation by Request
      1,000 SF

      34626 Royalton Rd

      Distribution properties • 1,000 SF
      34626 Royalton Rd, Grafton, OH 44044
      View Details
    • Value Estimation by Request
      1.15 Acres

      Giles Rd

      INDUSTRIAL (GENERAL) • 1.15 Acres
      Giles Rd, Grafton, OH 44044
      View Details
    • Value Estimation
      $710,000
      11,360 SF

      1000 Commerce Dr

      INDUSTRIAL (GENERAL) • 11,360 SF
      1000 Commerce Dr, Grafton, OH 44044-1271
      View Details
    • Value Estimation by Request
      1,694 SF

      Giles Rd

      INDUSTRIAL (GENERAL) • 1,694 SF
      Giles Rd, Grafton, OH 44044
      View Details
    • Value Estimation
      $275,000
      6,340 SF

      1080 Cleveland St

      HEAVY INDUSTRIAL • 6,340 SF
      1080 Cleveland St, Grafton, OH 44044-1319
      View Details
    • Value Estimation
      $320,000
      3,987 SF

      1155 Elm St

      INDUSTRIAL (GENERAL) • 3,987 SF
      1155 Elm St, Grafton, OH 44044-1303
      View Details

    Similar Nearby for Sale

    • $260,000
      1,000 SF

      Grafton Warehouse Condos for Sale

      Brand new, high-traffic location, investment opportunity.
      34626 Royalton Rd, Grafton, OH 44044
      View Details
    • $900,000
      20.00 Acres

      Grafton Retail Development Land

      20+ Acres, Limited Retail Zoning, Ohio
      11633 Avon Belden Rd, Grafton, OH 44044
      View Details
    • $1,700,000
      3.20 Acres

      Grafton, OH Commercial Land - $1.7M

      Prime 3.2-acre retail lot, high visibility.
      35980 Royalton Rd, Grafton, OH 44044
      View Details
    • $115,000
      1.02 Acres

      High-Visibility Commercial Lot Opportunity

      Prime 1+ acre commercial lot in high-traffic Grafton location.
      551 N Main St, Grafton, OH 44044
      View Details
    • $115,000
      1.02 Acres

      Grafton Commercial Land Opportunity

      High-traffic lot, prime development potential.
      551 Main St, Grafton, OH 44044
      View Details
    • $1,500,000
      5,470 SF

      Royalton Road Commercial Property

      Grafton, OH: Retail & Office Opportunity
      35960 Royalton Rd, Grafton, OH 44044
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      16,118 SF

      Grafton Retail Center - Main Street

      High-traffic retail space available. Excellent condition.
      480 Main St, Grafton, OH 44044
      View Details
    • Contact for pricing

      Prime Commercial Land for Lease

      1.4 acres of retail-zoned land with high visibility.
      36018 Avon Belden Rd, Grafton, OH 44044
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1001 Commerce Dr
    Grafton, OH 44044-1278
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.