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    Property profile & analytics

    646 Midway Blvd Elyria, OH 44035-2442

    • Individual retail properties
    • 124,441 SF
    • 9.97 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US66-6099512
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Lowe's ProServices / Building Materials Supplier
    • Lowe's Garden Center / Garden Center
    • Lowe's Home Improvement / Building Materials Supplier / Grill Store
    • Minute Key / Key Duplication Service
    • Installation Services / Contractor

    Property Details for 646 Midway Blvd

    Year built
    1994
    Lot size
    9.97 lot acres
    Property size
    124,441 SF
    Property type
    Individual retail properties
    APN
    06-24-032-108-041
    APU
    624032108041

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Elyria
    County
    Lorain
    State
    Ohio
    Longitude
    -82.1184
    Latitude
    41.3977
    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
    $147,928
    $486,875
    $1,547,858
    $2,034,733
    -
    $1,391,070
    $4,422,450
    $5,813,520

    Comparable in this City

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    • Value Estimation
      $145,000
      1,920 SF

      818 Middle Ave

      DRY CLEANER • 1,920 SF
      818 Middle Ave, Elyria, OH 44035-5858
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    • Value Estimation by Request
      118,040 SF

      150 Market Dr

      APPLIANCE STORE • 118,040 SF
      150 Market Dr, Elyria, OH 44035-2885
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    • Value Estimation by Request
      206,128 SF

      1000 Chestnut Cmns Dr

      APPLIANCE STORE • 206,128 SF
      1000 Chestnut Cmns Dr, Elyria, OH 44035-9602
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    • Value Estimation
      $500,000
      8,125 SF

      477 Oberlin Elyria Rd

      APPLIANCE STORE • 8,125 SF
      477 Oberlin Elyria Rd, Elyria, OH 44035-7761
      View Details
    • Value Estimation
      $200,000
      1,980 SF

      175 Lk Ave

      DRY CLEANER • 1,980 SF
      175 Lk Ave, Elyria, OH 44035-5000
      View Details

    Similar Nearby for Sale

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      Former Church and Retail Buildings

      Two buildings in high-visibility area, priced to sell.
      1611-1621 Middle Ave, Elyria, OH 44035
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    • $139,900
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    • $199,900
      0.26 Acres

      Mixed-Use Property in High-Traffic Location

      Mixed-use property with retail/office space and residential apartment.
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      Elyria Mixed-Use Investment Opportunity

      Four-unit property with storefront, great income potential, convenient location.
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      Four-unit property with storefront, garage, and updated systems.
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    Similar Nearby for Lease

    • Contact for pricing
      1,600 SF

      Elyria Retail Space For Lease

      Retail spaces available in neighborhood shopping center anchored by major tenants.
      500 N Abbe Rd, Elyria, OH 44035
      View Details
    • $6 SF/Yr
      60,732 SF

      Elyria Warehouse with Office Space

      60,732 SF warehouse with 5,000 SF office space.
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      View Details
    • Contact for pricing
      2,900 SF

      Elyria Retail Space For Lease

      Retail spaces available in neighborhood shopping center anchored by major tenants.
      464-500 N Abbe Rd, Elyria, OH 44035
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    • $1,300 /Mo
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      Versatile Commercial Space For Rent

      2,000 SF commercial space in high-traffic area.
      612-616 Prospect St, Elyria, OH 44035
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    • $1,895 /Mo
      8,712 SF

      Retail/Office Space in High-Traffic Area

      Versatile commercial space with showroom, offices, and convenient location.
      41981 N Ridge Rd, Elyria, OH 44035
      View Details
    • Contact for pricing
      31,080 SF

      Retail Space Near I-90

      Retail space with high visibility and multiple anchor tenants.
      5244 Cobblestone Rd, Sheffield Village, OH 44035
      View Details

    Property Visit Statistics

    • Visits by month
      34.8k
    • Visitors by month
      21.9k
    • Avg Time on site
      25 min
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    646 Midway Blvd
    Elyria, OH 44035-2442
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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