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Property profile

505 Abbe N Rd Elyria, OH 44035

OFF-MARKET
Retail space
Property ID
US66-2610064
2,611 SF 0.39 ac lot Built 1975
Last sale Sep 2022 · $2,270,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$7k
Tax billed · 2023
Assessed value$100k
Assessed land$18k
Assessed improvement$82k
Effective rate7.27%

Value estimate

· Oct 2026
$1.78M
$1.60M – $1.96M
AI approach$1.69M

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$62/SF
ZIP average, outlier-cleaned · 33 recorded sales of this use type
Observed band · Q1–Q3$38 – $99
Qualifying comparables10

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionLORAIN

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm17.9
Dental Office14.5
Realty agency12.7

Location

505 Abbe N Rd Elyria, OH 44035-3744
County assessor Recorded deeds · 1 transfer 10 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
212 Ee, Elyria, OH 44035-5615 $218,000 Oct 2024 2,202 SF
720 Lk, Elyria, OH 44035-3544 $60,000 Sep 2024 2,182 SF
405 Woodland, Elyria, OH 44035-3219 $120,000 Jun 2024 2,562 SF
1501 Grafton, Elyria, OH 44035-8107 $120,000 Dec 2023 2,626 SF
602 Oberlin Elyria, Elyria, OH 44035-7763 $140,000 Jul 2023 2,346 SF
38650 Butternut Rdg, Elyria, OH 44035-8438 $45,000 Feb 2023 2,288 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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