7425-7405 Industrial Parkway Dr Lorain, OH 44053
For Sale
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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)
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
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