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    Property profile & analytics

    223 Abbe Rd N Elyria, OH 44035

    • Banks
    • 961 SF
    • 0.67 lot acres
    For Sale
    View listing
    $99,000
    Value Estimation
    Location Intelligence
    Property ID
    US66-1639010
    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.

    Current Use by Public Records

    • Banks

    Property Details for 223 Abbe Rd N

    Year built
    1967
    Lot size
    0.67 lot acres
    Property size
    961 SF
    Property type
    Banks
    APN
    06-25-022-107-065
    APU
    625022107065

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Elyria
    County
    Lorain
    State
    Ohio
    Longitude
    -82.0772
    Latitude
    41.3784
    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
    $2,859
    $17,077
    $21,473
    $38,550
    -
    $48,790
    $61,350
    $110,140

    Comparable in this City

    • Value Estimation
      $405,000
      3,236 SF

      405 Midway Blvd

      FINANCIAL BUILDING • 3,236 SF
      405 Midway Blvd, Elyria, OH 44035-2440
      View Details
    • Value Estimation
      $530,000
      3,049 SF

      5290 Detroit Rd

      FINANCIAL BUILDING • 3,049 SF
      5290 Detroit Rd, Sheffield Village, OH 44035-1439
      View Details
    • Value Estimation
      $580,000
      3,834 SF

      1180 Riv N Rd

      FINANCIAL BUILDING • 3,834 SF
      1180 Riv N Rd, Elyria, OH 44035-2814
      View Details
    • Value Estimation
      $405,000
      3,653 SF

      105 Chestnut Cmns Dr

      FINANCIAL BUILDING • 3,653 SF
      105 Chestnut Cmns Dr, Elyria, OH 44035-9600
      View Details
    • Value Estimation
      $335,000
      3,581 SF

      1500 Riv N Rd

      FINANCIAL BUILDING • 3,581 SF
      1500 Riv N Rd, Elyria, OH 44035-2714
      View Details
    • Value Estimation by Request
      2,280 SF

      230 Broad St

      FINANCIAL BUILDING • 2,280 SF
      230 Broad St, Elyria, OH 44035-6432
      View Details

    Similar Nearby for Sale

    • $99,000
      0.67 Acres

      Elyria Commercial Building with Vault

      Former bank building with drive-thru, high visibility corner location.
      223 Abbe Rd N, Elyria, OH 44035
      View Details
    • $139,900
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      Former bakery/catering service building, potential for two storefronts.
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    • $199,900
      0.26 Acres

      Mixed-Use Property in High-Traffic Location

      Mixed-use property with retail/office space and residential apartment.
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    • $165,000
      3,920 SF

      Elyria Mixed-Use Investment Opportunity

      Four-unit property with storefront, great income potential, convenient location.
      1115 East Ave, Elyria, OH 44035
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      Elyria Multifamily Investment Opportunity

      Four-unit property with storefront, garage, and updated systems.
      1115 East Ave, Elyria, OH 44035
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    Similar Nearby for Lease

    • $10,000 /Mo
      53,143 SF

      Former Bank Building with Drive-Thru

      Versatile commercial space near LCCC, I-90, and major thoroughfares.
      5380 N Abbe Rd, Elyria, OH 44035
      View Details
    • Contact for pricing
      3,736 SF

      Stand Alone Bank Building

      Well-kept building suitable for office or medical use.
      361 Midway Blvd, Elyria, OH 44035
      View Details
    • $1,895 /Mo
      8,712 SF

      Retail/Office Space in High-Traffic Area

      Versatile commercial space with showroom, offices, and convenient location.
      41981 N Ridge Rd, Elyria, OH 44035
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    • Contact for pricing
      31,080 SF

      Retail Space Near I-90

      Retail space with high visibility and multiple anchor tenants.
      5244 Cobblestone Rd, Sheffield Village, OH 44035
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    • Contact for pricing
      2,270 SF

      Retail Space Midway Mall

      Retail space available in Midway Mall, Elyria, OH.
      6355 Midway Mall, Elyria, OH 44035
      View Details
    • Contact for pricing
      31,902 SF

      Elyria Retail Space Available

      Retail space with high visibility near major retailers.
      2650 Midway Mall, Elyria, OH 44035
      View Details
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    Elyria, OH 44035
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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