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Property profile & analytics
FOR SALE
Truck terminals

7425-7405 Industrial Parkway Dr Lorain, OH 44053

73,360 SF
Property ID
US66-Q005870
Property summary
AI-generated overview

For Sale: Two industrial buildings totaling 73,360 SF on 11.01 Acres available to purchase together or separately . The property consists of 3 parcels and is zoned I-2 Heavy Industrial. There is ample car parking in front of both buildings, in addition to a fenced and lit yard/parking lot with lots of outdoor storage space. 7425 Industrial Pkwy Drive is 64,060 SF and sits on 7.08 acres, 7405 Industrial Pkwy Drive is 9,300 SF and sits on 2.45 acres, and there's a 3rd parcel to the west of 7425 that is 1.48 acres and currently utilized as truck/trailer parking. There's an above-ground fuel tank on site (10k gallons). The property is only 0.7 miles from Route 2 at the Baumhart Road exit, and close to I-90 & I-80. 7425 Industrial Pkwy Drive contains 3 overhead doors and 8 loading docks (with levelers) and has ~4,060 SF of modern office space on two floors. 7405 Industrial Pkwy Drive contains 5 overhead doors and has ~653 SF of modern office space. Please view the marketing brochure for specific details and floorplans. 64,060 SF & 9,300 SF industrial buildings Fenced parking lot / yard with ample outdoor storage Total of 8 loading docks & 8 overhead doors Modern & renovated office space in both buildings Excellent highway access (0.7 miles to Route 2)

Property profile
Verified
Property type Truck terminals
Total area 73,360 SF
UPID US66-Q005870
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
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
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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