1801 Elyria Ave Lorain, OH 44052-3635
Property profile & analytics
1801 Elyria Ave, Lorain, OH 44052-3635
- Office buildings
- 6,258 SF
- 0.46 lot acres
Property ID
US66-5339459
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.
Location Intelligence
Current Use by Public Records
- Office buildings
Property Details for 1801 Elyria Ave
- Year built
- 1965
- Lot size
- 0.46 lot acres
- Property type
- Office buildings
- APN
- 02-01-003-150-008
- APU
- 201003150008
Description
This exceptional 5,000-square-foot mixed-use building in Lorain, OH, presents a unique investment opportunity. Currently configured as a fully operational daycare center, the property is offered complete with all existing furnishings and equipment, making it ideal for immediate occupancy. The sale includes a substantial 0.46-acre lot providing ample space and 27 parking spots for clients and staff. A convenient loading bay enhances operational efficiency. Significant recent upgrades to the building's mechanical systems, encompassing HVAC, electrical, and plumbing, ensure long-term functionality and reduced maintenance costs. The flexible floor plan allows for continued use as a daycare or seamless conversion to office space or another mixed-use configuration. Located at 1801 Elyria Avenue, this property benefits from a prime location within the city of Lorain. This well-maintained building offers a rare chance to acquire a turnkey operation or a readily adaptable space for a new venture. The asking price is $500,000. This represents a compelling investment in a versatile commercial property with significant potential.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Lorain
- County
- Lorain
- State
- Ohio
- Longitude
- -82.1649
- Latitude
- 41.4546
- 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
$8,809
$21,039
$91,074
$112,113
-
$60,110
$260,210
$320,320
