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    Property profile & analytics

    419 Middle Ave Elyria, OH 44035-5731

    • Retail space
    • 1,472 SF
    • 0.18 lot acres
    OFF-MARKET
    Value Estimation
    $125,000
    Last Sale
    Sep 17, 2021
    $130,000
    Location Intelligence
    Property ID
    US66-1221428
    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

    • Elyria Bicycle Center / Bicycle Shop

    Property Details for 419 Middle Ave

    Year built
    1958
    Lot size
    0.18 lot acres
    Property size
    1,472 SF
    Property type
    Retail space
    APN
    06-26-045-000-015
    APU
    626045000015

    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
    -82.1076
    Latitude
    41.3634
    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
    $4,987
    $16,468
    $52,122
    $68,590
    -
    $47,050
    $148,920
    $195,970

    Comparable in this City

    • Value Estimation by Request
      7,610 SF

      350 Cleveland St

      RETAIL STORES (PERSONAL SERVICES) • 7,610 SF
      350 Cleveland St, Elyria, OH 44035-6142
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    • Value Estimation by Request
      494 SF

      1905 Grafton Rd

      RETAIL STORES (PERSONAL SERVICES) • 494 SF
      1905 Grafton Rd, Elyria, OH 44035-8317
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    • Value Estimation by Request
      946 SF

      237 Brg St

      RETAIL STORES (PERSONAL SERVICES) • 946 SF
      237 Brg St, Elyria, OH 44035-5313
      View Details
    • Value Estimation by Request
      10,541 SF

      227 Broad St

      RETAIL STORES (PERSONAL SERVICES) • 10,541 SF
      227 Broad St, Elyria, OH 44035
      View Details
    • Value Estimation
      $60,000
      2,182 SF

      720 Lk Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,182 SF
      720 Lk Ave, Elyria, OH 44035-3544
      View Details
    • Value Estimation
      $535,000
      13,298 SF

      540 Griswold Rd

      RETAIL STORES (PERSONAL SERVICES) • 13,298 SF
      540 Griswold Rd, Elyria, OH 44035-2305
      View Details

    Similar Nearby for Sale

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      Retail property with absolute NNN lease and attractive rental increases.
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      Elyria Retail Building For Sale

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    Similar Nearby for Lease

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      31,902 SF

      Elyria Retail Space Available

      Retail space with high visibility near major retailers.
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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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    • $22 SF/Yr
      1,465 SF

      Retail Space in Elyria Plaza

      Retail space available within a 45,743 sq ft plaza.
      342 Chestnut Commons Dr, Elyria, OH 44035
      View Details
    Request Owner's contact information
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    419 Middle Ave
    Elyria, OH 44035-5731
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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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