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    Property profile & analytics

    264 Broad St Elyria, OH 44035-5502

    • Parking lots & garages
    • 7,972 SF
    • 0.50 lot acres
    OFF-MARKET
    Value Estimation
    $405,000
    Last Sale
    Feb 07, 2025
    $400,000
    Location Intelligence
    Property ID
    US66-0736880
    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

    • Conrad's Tire Express & Total Car Care / Tire Shop

    Property Details for 264 Broad St

    Year built
    1940
    Lot size
    0.50 lot acres
    Property size
    7,972 SF
    Property type
    Parking lots & garages
    APN
    06-26-062-000-001
    APU
    626062000001

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $400,000

    • CAP approach

      CAP return
      Estimation
      6%
      $400,000
      6.5%
      $420,000
      7%
      $465,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $505,000
      Geo Method
      $480,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $490,000
      Retail
      $375,000
      Mixed-Use
      $440,000
      Hospitality
      $445,000
      Educational
      $465,000
      Residential Income
      $440,000
      Energy
      $375,000
      Income-Based Land
      $365,000
      Food Service
      $410,000

    Location Insight

    • Map
    • Local Demand
    City
    Elyria
    County
    Lorain
    State
    Ohio
    Longitude
    -82.1036
    Latitude
    41.3673
    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
    $8,306
    $57,173
    $57,078
    $114,251
    -
    $163,350
    $163,080
    $326,430

    Comparable in this City

    • Value Estimation by Request
      0.30 Acres

      1501 Middle Ave

      PARKING GARAGE, PARKING STRUCTURE • 0.30 Acres
      1501 Middle Ave, Elyria, OH 44035-7663
      View Details
    • Value Estimation by Request
      0.12 Acres

      16th St

      PARKING GARAGE, PARKING STRUCTURE • 0.12 Acres
      16th St, Elyria, OH 44035
      View Details
    • Value Estimation by Request
      1,444 SF

      345 14th St

      PARKING GARAGE, PARKING STRUCTURE • 1,444 SF
      345 14th St, Elyria, OH 44035-7603
      View Details
    • Value Estimation by Request
      1,050 SF

      225 White Oak Dr

      PARKING GARAGE, PARKING STRUCTURE • 1,050 SF
      225 White Oak Dr, Elyria, OH 44035-4133
      View Details
    • Value Estimation by Request
      2,000 SF

      161 Yorkshire Ct

      PARKING GARAGE, PARKING STRUCTURE • 2,000 SF
      161 Yorkshire Ct, Elyria, OH 44035-4137
      View Details
    • Value Estimation by Request
      2,127 SF

      159 Yorkshire Ct

      PARKING GARAGE, PARKING STRUCTURE • 2,127 SF
      159 Yorkshire Ct, Elyria, OH 44035-4137
      View Details

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      Retail space with high visibility and multiple anchor tenants.
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      Elyria Retail Space Available

      Retail space with high visibility near major retailers.
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      View Details

    Property Visit Statistics

    • Visits by month
      2.3k
    • Visitors by month
      2.9k
    • Avg Time on site
      17 min
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    264 Broad St
    Elyria, OH 44035-5502
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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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