Technical
Financial
Distress signals
Property profile

43085 Rdg Rd Elyria, OH 44035

OFF-MARKET
Office buildings
Property ID
US66-5209983
2,546 SF 0.62 ac lot Built 1900
Individually Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 2,500-square-foot freestanding executive office building presents a unique opportunity in Elyria, Ohio. Situated on a 0.62-acre lot at 43085 N Ridge Rd, zip code 44035, this single-tenant property offers complete privacy and ample space for a discerning business. The building is currently vacant, allowing for immediate occupancy and customization to perfectly suit your company's needs. The property's classification as both retail and office space provides flexibility for a variety of uses. Located in Lorain County, this property benefits from convenient access to major transportation routes, enhancing its appeal for both employees and clients. The building's substantial size, combined with its prime location and freestanding nature, makes it an ideal choice for businesses seeking a prominent and easily accessible presence. The entire 2,500 square feet is available for lease, providing a significant amount of space for operations, meeting areas, and administrative functions. This is a rare opportunity to secure a substantial, well-located, and completely vacant office building in a desirable area. The property's single-tenant status ensures exclusive use and control, offering a high degree of privacy and operational independence. Don't miss this chance to establish your business in this impressive and readily available space.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1900
Construction FRAME
Total area 2,546 SF
Lot 0.62 ac (27,007 SF)
APN 06-21-002-000-021
UPID US66-5209983

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Pet Grooming Service

Location

43085 Rdg Rd Elyria, OH 44035-1051
Elyria metro Census 70200 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$100k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$95k

Owner & transaction history

since 2025
Last sale
$122,000
6 recorded transactions
2025
$122,000
2023
$89,000
2020
Price N/A
2020
$60,000
2009
$80,000
2008
$82,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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