160 Eady Ct, Elyria, OH 44035-4124
This exceptional 6,256 square foot warehouse at 160 Eady Court, Elyria, OH, presents a compelling investment opportunity for both owner-users and investors. Situated on a 0.36-acre lot, this single-story cement block building offers significant potential. Currently featuring a wide-open interior, the property allows for complete customization to suit diverse business needs. Preliminary architectural plans exist to subdivide the space into seven flexible rental units, offering a potential path to increased revenue. The building boasts two overhead doors—one approximately 11 feet high and the other 9 feet high—facilitating efficient loading and unloading of goods. Ample parking is available, with approximately 20 spaces in the rear and 7 in the front, plus additional space in a front nook. A fenced rear lot enhances security and provides potential for extra storage or parking. The property benefits from three-phase power, ideal for businesses requiring industrial machinery. Furthermore, the roof was replaced in 2023 and comes with a transferable 12-year warranty, providing peace of mind for years to come. This property's combination of size, location, and features makes it an attractive prospect for a variety of commercial uses.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.