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    OFF-MARKET
    Warehouses

    6001 Baumhart Rd, Lorain, OH 44053-2082

    6,562 SF 8.96 ac lot
    Entity Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US66-2069723
    Property summary
    AI-generated overview

    This exceptional 6,562-square-foot industrial property, situated on nearly nine acres of land in Lorain, Ohio, presents a compelling investment opportunity. The property, built in 1992, is classified as Class C and features a single tenancy. The building offers a versatile layout, combining ample office space, retail space, and a mechanics garage, making it suitable for a wide range of businesses. Its strategic location provides easy access to Route 2 and the Ohio Turnpike, ensuring excellent connectivity and logistical advantages. The property includes a fenced lot, enhancing security. The asking price is $1,300,000, translating to $198.11 per square foot. The property's zoning allows for flexibility in its use, catering to diverse business needs. The substantial lot size of 8.96 acres offers significant expansion potential or the possibility of developing additional structures. This property is located at 6001 Baumhart Rd, Lorain, OH 44053, in Lorain County. Leasing, owner financing, and lease-to-own options are available. This is a rare opportunity to acquire a well-located, versatile industrial property with significant upside potential.

    Property profile
    Verified
    Property type Warehouses
    Use group MINI-WAREHOUSE, STORAGE
    Total area 6,562 SF
    Lot 8.96 ac (390,298 SF)
    APN 01-00-010-000-009
    UPID US66-2069723
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • North Shore Equipment and Landscape Supply Garden Center Hardware & Home Improvement
    • Metal Shine Lorain Tow Co. Auto Parts Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Liberty Russell Real Estate LLC · 1 yrs held
    Liberty Russell Real Estate LLC
    since 2024
    5 recorded transactions
    2024
    $215,000
    2017
    2008
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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