Technical
Financial
Distress signals
Property profile

563 Ternes Ln Elyria, OH 44035

OFF-MARKET
Industrial properties
Property ID
US66-2337923
8,980 SF 1.13 ac lot Built 2000
Entity Owned 3-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 2000
Total area 8,980 SF
Lot 1.13 ac (49,223 SF)
APN 06-25-007-000-245
UPID US66-2337923

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
  • General Contractor Construction Company

Location

563 Ternes Ln Elyria, OH 44035-6251
Elyria metro Census 71202 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$520k
Comparable Approach Comparable
$583k
Blend (final) Blend
$330k

Owner & transaction history

since 2023
7 recorded transactions
2024
Price N/A
2023
Price N/A
2020
Price N/A
2007
Price N/A
2006
Price N/A
2005
Price N/A
2004
$440,000

Zoning & alternative use

Top alternative use upside
Medical building $835,000 +58.3%
Auto repair, garage $740,000 +39.9%
Office building $730,000 +38.0%

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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