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    1270 Colorado Ave Lorain, OH 44052-3314
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    Property profile & analytics

    1270 Colorado Ave Lorain, OH 44052-3314


    • Warehouses
    • 7,540 SF
    • 0.53 lot acres
    Off-Market
    Last Sale Feb 6, 2023
    $440,000
    Property ID
    US66-5178415
    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.

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    • Warehouses

    Property Details for 1270 Colorado Ave

    Lot size
    0.53 lot acres
    Property size
    7,540 SF
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    02-00-051-141-039
    APU
    200051141039

    Description

    This offering presents a strategic opportunity to acquire two vacant industrial buildings totaling 7,540 square feet situated on 2.72 acres in Lorain, Ohio. The main building at 1270 Colorado Avenue comprises 7,540 square feet of single-story space, featuring a 12-foot ceiling height and one drive-in. The property is zoned for Light Industrial use and benefits from its convenient location within five miles of I-90, near the intersection of Route 2 and I-80 (Ohio Turnpike), and situated between US 6 and OH SR 57. This location offers excellent access to major transportation arteries. Furthermore, the property is located within Lorain County Opportunity Zone 39093023000, potentially providing preferential tax treatment. The building is currently vacant, presenting a blank canvas for a new owner's vision. A 35-minute drive (23 miles) connects the property to Cleveland and Cleveland-Hopkins International Airport. The asking price for this building is $299,000. Note that this listing is for 1270 Colorado Avenue only


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    Location Insight

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    • Local Demand
    City
    Lorain
    County
    Lorain
    State
    Ohio
    Longitude
    -82.1594
    Latitude
    41.4653
    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
    $5,447
    $16,170
    $53,162
    $69,332
    -
    $46,200
    $151,890
    $198,090
    More about this property
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