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    Property profile & analytics

    39000 Ctr Rdg Rd Elyria, OH 44039-2742

    • Medical offices
    • 8,202 SF
    • 8.68 lot acres
    OFF-MARKET
    Value Estimation
    $375,000
    Last Sale
    May 01, 2025
    $500,000
    Location Intelligence
    Property ID
    US66-5468680
    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

    • UH Occupational Health – North Ridgeville (Medworks) / Occupational Medical Physician
    • Emh Med Works: Wood Rhonda MD / Doctor
    • Emh Med Works: Ramos Bavani MD / Doctor
    • EMH Med Works / Medical Center / Occupational Therapist
    • Paul Miotto, MD / Doctor / Occupational Medical Physician

    Property Details for 39000 Ctr Rdg Rd

    Year built
    1967
    Lot size
    8.68 lot acres
    Property size
    8,202 SF
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    07-00-046-106-022
    APU
    700046106022

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $335,000

    • CAP approach

      CAP return
      Estimation
      6%
      $480,000
      6.5%
      $455,000
      7%
      $515,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $410,000
      Geo Method
      $450,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $440,000
      Retail
      $445,000
      Mixed-Use
      $495,000
      Hospitality
      $440,000
      Educational
      $490,000
      Residential Income
      $405,000
      Energy
      $470,000
      Income-Based Land
      $525,000
      Food Service
      $520,000

    Location Insight

    • Map
    • Local Demand
    City
    Elyria
    County
    Lorain
    State
    Ohio
    Longitude
    -82.0615
    Latitude
    41.3839
    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
    $19,708
    $69,591
    $216,192
    $285,783
    -
    $198,830
    $617,690
    $816,520

    Comparable in this City

    • Value Estimation by Request
      0.13 Acres

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      View Details
    • Value Estimation
      $420,000
      2,884 SF

      34160 Ctr Rdg Rd

      MEDICAL BUILDING • 2,884 SF
      34160 Ctr Rdg Rd, North Ridgeville, OH 44039-3220
      View Details
    • Value Estimation
      $290,000
      5,152 SF

      6401 Jaycox Rd

      MEDICAL BUILDING • 5,152 SF
      6401 Jaycox Rd, North Ridgeville, OH 44039-1611
      View Details
    • Value Estimation
      $350,000
      2,188 SF

      34500 Ctr Rdg Rd

      MEDICAL BUILDING • 2,188 SF
      34500 Ctr Rdg Rd, North Ridgeville, OH 44039-3154
      View Details
    • Value Estimation
      $235,000
      1,467 SF

      38412 Ctr Rdg Rd

      MEDICAL BUILDING • 1,467 SF
      38412 Ctr Rdg Rd, North Ridgeville, OH 44039-2834
      View Details
    • Value Estimation by Request
      0.10 Acres

      Right Of Way

      MEDICAL BUILDING • 0.10 Acres
      Right Of Way, North Ridgeville, OH 44039
      View Details

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    Similar Nearby for Lease

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      Retail property for lease in a high-traffic area.
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      Retail Development Site on Center Ridge

      Prime retail development site in North Ridgeville, Ohio.
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    Elyria, OH 44039-2742
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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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