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    Property profile & analytics

    2500 Rdg Rd Elyria, OH 44035-1326

    • Office buildings
    • 2,512 SF
    • 0.68 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jun 09, 2020
    $17,532
    Location Intelligence
    Property ID
    US66-4481940
    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

    • A OK Auto LLC / Auto Repair Shop / Brake Shop

    Property Details for 2500 Rdg Rd

    Lot size
    0.68 lot acres
    Property size
    2,512 SF
    Property type
    Office buildings
    APN
    03-00-075-113-023
    APU
    300075113023

    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
    -82.1115
    Latitude
    41.4192
    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
    $4,025
    $11,781
    $36,187
    $47,968
    -
    $33,660
    $103,390
    $137,050

    Comparable in this City

    • Value Estimation by Request
      112,888 SF

      42101 Griswold Rd

      PROFESSIONAL BUILDING • 112,888 SF
      42101 Griswold Rd, Elyria, OH 44035-2117
      View Details
    • Value Estimation
      $1,085,000
      30,000 SF

      1320 Taylor St

      OFFICE BUILDING • 30,000 SF
      1320 Taylor St, Elyria, OH 44035-6250
      View Details
    • Value Estimation
      $355,000
      3,120 SF

      503 Abbe S Rd

      OFFICE BUILDING • 3,120 SF
      503 Abbe S Rd, Elyria, OH 44035-6301
      View Details
    • Value Estimation
      $520,000
      27,320 SF

      364 Griswold Rd, Unit B

      OFFICE BUILDING • 27,320 SF
      364 Griswold Rd, Elyria, OH 44035-2301
      View Details
    • Value Estimation
      $1,535,000
      21,648 SF

      363 3rd St

      OFFICE BUILDING • 21,648 SF
      363 3rd St, Elyria, OH 44035-5632
      View Details
    • Value Estimation
      $325,000
      1,590 SF

      1000 Abbe N Rd

      OFFICE BUILDING • 1,590 SF
      1000 Abbe N Rd, Elyria, OH 44035-1614
      View Details

    Similar Nearby for Sale

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      Downtown Elyria Professional Office Building

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      Freestanding Medical Office Building

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    Similar Nearby for Lease

    • $1,895 /Mo
      8,712 SF

      Retail/Office Space in High-Traffic Area

      Versatile commercial space with showroom, offices, and convenient location.
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    • Contact for pricing
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      Elyria Office Space Available

      Partitioned office space with ample parking and convenient location.
      1131 E Broad St, Elyria, OH 44035
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      30,000 SF

      New Medical Space For Lease

      30,000 SF medical space available Summer 2026 in Elyria, OH.
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    • New
      $1,700 /Mo
      23,958 SF

      Elyria Commercial Rental Opportunity

      Commercial rental in high-traffic area near Route 57/113 and LCCC.
      511 N Abbe Rd, Elyria, OH 44035
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    • $2,500 /Mo
      Pending

      Elyria Commercial Space For Lease

      Commercial space in Elyria featuring offices, kitchen, and storage.
      418 E Broad St, Elyria, OH 44035
      View Details
    • $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
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    Elyria, OH 44035-1326
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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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