335 Midway Blvd Elyria, OH 44035-2793
This exceptional 5,780 square foot freestanding retail building presents a unique investment opportunity in Elyria, Ohio. Its strategic location offers unparalleled visibility and accessibility. Situated directly across from a planned redevelopment site, this property benefits from significant future growth potential. The building enjoys ample parking, a crucial amenity for customers and employees. Its convenient access from the I-90/Lorain Boulevard interchange ensures easy commutes for both patrons and staff. The property's central location within Elyria places it amidst a thriving retail landscape. Nearby established businesses include major national chains such as Lowe's, Marc's, Planet Fitness, PetSmart, McDonald's, Chipotle, Olive Garden, Wendy's, and many more, creating a strong and established commercial environment. This high-traffic area guarantees significant exposure for any business occupying this space. The single-tenant occupancy provides flexibility and control for the new owner. This freestanding building offers a rare combination of prime location, ample parking, and easy access, making it an ideal investment for discerning buyers seeking a strong return on investment in a rapidly developing area. The property's size and configuration are well-suited for a variety of retail uses. Don't miss this opportunity to secure a prominent retail presence in a dynamic and growing market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.