Property profile

7451 Terminal Dr Lorain, OH 44053

FOR LEASE
Warehouses
Saved · see the list in your Dashboard
Property ID
US66-2725880
1,500 SF 36.85 ac Built 1958
Last sale Jul 2011·$425,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 15-yr Hold Held for 15 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$11k
Tax billed · 2023
Assessed value$150k
Assessed land$41k
Assessed improvement$109k
Effective rate7.57%

Value estimate

· Nov 2026
$250k
$225k – $275k
NOI build-up
Gross scheduled income$458k
Vacancy & credit loss−$17k
Operating expenses−$132k
NOI$308k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$59/SF
Submarket average, outlier-cleaned · 38 recorded sales of this use type
Observed band · Q1–Q3$25 – $98

Cap rate analysis

How does the asset earn?
$308k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionLORAIN

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility9.1
Electrical Service8.6
Building Supply8.4

Location

7451 Terminal Dr Lorain, OH 44053
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
7437 Deer Trl, Lorain, OH 44053-1982 $6,000,000 Mar 2024 3,500 SF
4651 Oberlin, Lorain, OH 44053-3194 $195,000 Sep 2023 5,635 SF
7405 Industrial Pkwy, Lorain, OH 44053-2064 $650,000 Feb 2023 9,300 SF
2245 Park, Lorain, OH 44053-1158 $145,000 Feb 2021 6,600 SF
7395 Industrial Pkwy, Lorain, OH 44053-4800 $2,300,000 Jul 2020 9,600 SF
5075 Oberlin, Lorain, OH 44053-3431 $89,900 Mar 2020 1,600 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
Why this one?
Saved