424 Middle Ave Elyria, OH 44035-5732

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Property lookup
Office buildings
OH
Elyria
44035
424 Middle Ave

Property profile & analytics

424 Middle Ave, Elyria, OH 44035-5732

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Office buildings
4,884 SF
0.25 lot acres

Off-Market

Property ID

US66-0384199

Value Estimations

$630,000

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Cap Rate Potential

Location Intelligence

Current Use by Public Records

Douglas W. Merrill / Law Firm
Joel David Fritz / Law Firm
Lawyers Title : Michelle Williamson / Law Firm
Gemelas, Wilson, Merrill & Fritz Co LPA / Law Firm

Property Details for 424 Middle Ave

Year built: 1900
Construction: WOOD FRAME
Lot size: 0.25 lot acres
Property type: Office buildings
APN: 06-26-044-000-022
APU: 626044000022

Sales History

Date	Price	Buyer	Seller	Deed Type	Mortgage
Dec 23, 2014	$28,500	424 Middle Ave LLC	Kcm Enterprises LLC	Warranty Deed	—

Value Estimations

based on Realmo’s proprietary methodology

Comparable approach

Method

Estimation

Statistic Estimate

$478,000

Market price range: $179k - $577k

AI Estimate

$709,000

Market price range: $241k - $933k
Alternative Use

Use

Estimation

OFFICE BUILDING

$395,000
Current use

MEDICAL BUILDING

$455,000
Change: +15% Conversion: Easy

AUTO REPAIR, GARAGE

$400,000
Change: +1% Conversion: Difficult

Get a detailed, property-specific estimation — fast and free

Location Insight

Map
Local Demand

City: Elyria
County: Lorain
State: Ohio
Longitude: -82.1067
Latitude: 41.3632
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

$13,900

$19,058

$172,127

$191,185

$54,450

$491,790

$546,240

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