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    Property profile & analytics

    111 Commerce Dr Lagrange, OH 44050-9491

    • Industrial properties
    • 10,784 SF
    • 2.39 lot acres
    OFF-MARKET
    Value Estimation
    $235,000
    Location Intelligence
    Property ID
    US66-0720734
    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

    • M C Industries Inc / Manufacturer / Professional Services

    Property Details for 111 Commerce Dr

    Year built
    1980
    Lot size
    2.39 lot acres
    Property size
    10,784 SF
    Property type
    Industrial properties
    APN
    15-00-065-000-057
    APU
    1500065000057

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lagrange
    County
    Lorain
    State
    Ohio
    Longitude
    -82.1217
    Latitude
    41.2295
    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
    $5,595
    $13,454
    $78,208
    $91,662
    -
    $38,440
    $223,450
    $261,890

    Comparable in this City

    • Value Estimation by Request
      5,824 SF

      335 Ctr St

      INDUSTRIAL (GENERAL) • 5,824 SF
      335 Ctr St, Lagrange, OH 44050-9014
      View Details
    • Value Estimation
      $405,000
      9,800 SF

      315 Commerce Dr

      INDUSTRIAL (GENERAL) • 9,800 SF
      315 Commerce Dr, Lagrange, OH 44050
      View Details
    • Value Estimation
      $265,000
      1,920 SF

      167 Commerce Dr

      INDUSTRIAL (GENERAL) • 1,920 SF
      167 Commerce Dr, Lagrange, OH 44050-8926
      View Details
    • Value Estimation by Request
      10,908 SF

      227 Commerce E Dr

      INDUSTRIAL (GENERAL) • 10,908 SF
      227 Commerce E Dr, Lagrange, OH 44050-9316
      View Details
    • Value Estimation
      $365,000
      6,088 SF

      303 Ctr St

      INDUSTRIAL (GENERAL) • 6,088 SF
      303 Ctr St, Lagrange, OH 44050-9013
      View Details
    • Value Estimation
      $255,000
      8,820 SF

      129 Commerce Dr

      INDUSTRIAL (GENERAL) • 8,820 SF
      129 Commerce Dr, Lagrange, OH 44050-9491
      View Details

    Similar Nearby for Sale

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      Manufacturing Facility with Expansion Potential

      Manufacturing facility with heavy power, multiple doors, and expansion land.
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      Manufacturing Facility with Expansion Land

      Manufacturing facility with expansion land and easy highway access.
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    • $725,000
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      8,400 SF Flex Building

      Flex building on three acres with expansion potential.
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      LaGrange Commercial Opportunity For Sale

      Commercial property in LaGrange, zoned Central Business, with high visibility.
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    Lagrange, OH 44050-9491
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    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
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