Property profile

14647 Oberlin Rd Oberlin, OH 44074

FOR SALE
Mining land & claims
Property ID
US66-2106771
288 SF 54 ac lot Built 1926
Entity Owned 20-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 56-acre industrial property in Oberlin, Ohio, presents a significant investment opportunity. Located on State Route 511, the property boasts a substantial Berea Formation sandstone quarry with an estimated 400 million tons of premium sandstone reserves. Current operations encompass sandstone extraction across 10 acres, producing a diverse range of products including custom-cut sandstone slabs for landscaping and architectural applications, various types of sandstone blocks for erosion control, aggregate stone for various construction uses, and petroleum cores for global oil and gas industry testing. The property also includes a unique spring water asset, with associated water and mineral rights, offering significant additional potential for development and revenue generation. Existing infrastructure includes three buildings: a large 8,400 square-foot building, a smaller 900 square-foot building, and a 412 square-foot office building, providing ample space for operations and administration. The total property size is 9,700 square feet. This turnkey operation offers immediate revenue streams and significant long-term growth potential within both the sandstone and bottled water industries, making it an attractive investment for discerning buyers. The strategic location and diverse product offerings create a compelling opportunity to capitalize on established markets and explore new avenues for expansion. The property's substantial reserves and established infrastructure provide a solid foundation for continued success and profitability. The sale price is $6,500,000.

Property profile

Verified
Property type Mining land & claims
Use group QUARRIES (SAND, GRAVEL, ROCK)
Year built 1926
Total area 288 SF
Lot 54 ac (2,352,240 SF)
APN 13-11-006-000-014
UPID US66-2106771

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

14647 Oberlin Rd Oberlin, OH 44074
Oberlin metro Census 93100 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$300k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$300k

Owner & transaction history

since 2005
3 recorded transactions
2026
Price N/A
2025
Price N/A
2005
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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