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    Property profile & analytics

    321 Broad St Elyria, OH 44035-5503

    • Retail space
    • 7,252 SF
    • 0.16 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Nov 30, 2020
    Location Intelligence
    Property ID
    US66-2459833
    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

    • Retail space

    Property Details for 321 Broad St

    Year built
    1920
    Lot size
    0.16 lot acres
    Property size
    7,252 SF
    Property type
    Retail space
    APN
    06-26-082-000-013
    APU
    626082000013

    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
    -82.1046
    Latitude
    41.368
    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
    $764
    $2,625
    $7,875
    $10,500
    -
    $7,500
    $22,500
    $30,000

    Comparable in this City

    • Value Estimation by Request
      868 SF

      201 4th St

      RETAIL STORES (PERSONAL SERVICES) • 868 SF
      201 4th St, Elyria, OH 44035-5719
      View Details
    • Value Estimation by Request
      4,500 SF

      8645 Rdg Rd

      RETAIL STORES (PERSONAL SERVICES) • 4,500 SF
      8645 Rdg Rd, Elyria, OH 44035-4402
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    • Value Estimation by Request
      1,878 SF

      430 Cleveland St

      RETAIL STORES (PERSONAL SERVICES) • 1,878 SF
      430 Cleveland St, Elyria, OH 44035-6144
      View Details
    • Value Estimation by Request
      1,664 SF

      900 Lk Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,664 SF
      900 Lk Ave, Elyria, OH 44035-3342
      View Details
    • Value Estimation
      $145,000
      1,570 SF

      512 Cleveland St

      RETAIL STORES (PERSONAL SERVICES) • 1,570 SF
      512 Cleveland St, Elyria, OH 44035-4055
      View Details
    • Value Estimation
      $295,000
      2,992 SF

      436 Cleveland St

      RETAIL STORES (PERSONAL SERVICES) • 2,992 SF
      436 Cleveland St, Elyria, OH 44035-4060
      View Details

    Similar Nearby for Sale

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    • $199,900
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      Mixed-use property with retail/office space and residential apartment.
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    • $1,697,000
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      Elyria Retail Investment Opportunity

      Retail property with absolute NNN lease and attractive rental increases.
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    Similar Nearby for Lease

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      8,712 SF

      Retail/Office Space in High-Traffic Area

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

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      25,954 SF

      Elyria Retail Space For Lease

      25,594 SF retail space in dominant shopping center.
      360 Market Dr, Elyria, OH 44035
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      2,270 SF

      Retail Space Midway Mall

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      267,000 SF

      River Street Square Retail Center

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      View Details
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    321 Broad St
    Elyria, OH 44035-5503
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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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