Property summary
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.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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