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Property profile & analytics
OFF-MARKET
Retail space

10465 Lagrange Rd Elyria, OH 44035-7701

280 SF 0.29 ac lot Built 1968
Individually Owned Free & Clear
Property ID
US66-3182282
Property summary
AI-generated overview

This exceptional free-standing commercial building, situated at 10465 Lagrange Road in Elyria, Ohio, presents a remarkable investment opportunity. The solid brick structure is located in a high-traffic area, ensuring excellent visibility and accessibility for potential businesses. The property boasts ample parking, a significant advantage for customers and employees alike. Previously utilized as a barber shop, this versatile space is ideal for a variety of neighborhood retail ventures. The building features recent upgrades, including new flooring, updated electrical systems, and fresh paint, minimizing immediate capital expenditures for the new owner. A substantial 1500-gallon commercial aeration tank is already in place. The property sits on a generous 0.29-acre lot, providing significant expansion potential. Furthermore, township approval has already been granted for an addition to the existing building, offering considerable flexibility for future growth and adaptation to evolving business needs. This turnkey property combines a desirable location with modern amenities and expansion possibilities, making it an attractive proposition for savvy investors seeking a strong return on their investment. The asking price is $49,900.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1968
Total area 280 SF
Lot 0.29 ac (12,632 SF)
APN 10-00-003-131-043
UPID US66-3182282
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Christopher Sawicki
Christopher Sawicki
since 2025
Last sale
$44,000
2 recorded transactions
2025
$44,000
2014
$25,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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