1150 Taylor St, Elyria, OH 44035-6281
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.
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Pioneer Products Industrial Manufacturer Production Facility
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Bee Valve Inc Factory Production Facility
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Cable Tek Telecommunications Service
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Center Products Inc Insurance Agency
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.