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    Property profile & analytics
    OFF-MARKET Estimated value $540,000
    Warehouses

    1150 Taylor St, Elyria, OH 44035-6281

    6,000 SF 0.35 ac lot Built 1989
    Entity Owned 1-yr Hold Free & Clear
    Property ID
    US66-1608880
    Property summary
    AI-generated overview

    This exceptional Elyria, Ohio industrial property, located at 1150 Taylor St, offers 22,180 square feet of warehouse space situated on a 2.65-acre lot. The building, constructed in 1989 with additions in 2008, features insulated metal construction and boasts a fully renovated 2,000 square foot office and restroom area completed in 2023. The warehouse benefits from a 16-foot clear ceiling height, enhancing storage and operational efficiency. Loading is facilitated by two dock-high doors with levelers and a convenient 10'x12' drive-in overhead door. The property is 100% sprinklered, ensuring safety and compliance. Power is provided by a new 480V 3-Phase, 150 kVA transformer. Strategically located in Lorain County, with easy access to I-80 Ohio Turnpike, this property presents significant potential for expansion given its ample land area. The property is offered for sale at $1,100,000 or for lease at $5.75 per square foot. This is a rare opportunity to acquire a well-maintained, strategically located industrial warehouse in a thriving market. The property's features and location make it ideal for a variety of industrial uses. The ample land provides room for future expansion, making it a sound investment for long-term growth.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1989
    Total area 6,000 SF
    Lot 0.35 ac (15,246 SF)
    APN 06-25-009-000-011
    UPID US66-1608880
    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
    Current use
    Occupant on record · Public records
    • Pioneer Products Industrial Manufacturer Production Facility
    • Bee Valve Inc Factory Production Facility
    • Cable Tek Telecommunications Service
    • Center Products Inc Insurance Agency
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $520k
    CAP Approach CAP
    $425k
    Comparable Approach Comparable
    $642k
    Blend (final) Blend
    $540k
    Owner & transaction history
    Land Track Investments LLC · 1 yrs held
    Land Track Investments LLC
    since 2025
    3 recorded transactions
    2025
    2025
    $1.2M
    2023
    $491,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Restaurant $655,000 +50.5%
    Medical building $560,000 +28.1%
    Auto repair, garage $495,000 +13.3%
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