Property profile

8499 Leavitt Rd Elyria, OH 44035

OFF-MARKET
Manufacturing properties
Property ID
US66-5220486
27,756 SF 2.61 ac lot
Entity Owned Free & Clear
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Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Total area 27,756 SF
Lot 2.61 ac (113,692 SF)
APN 05-00-048-000-077
UPID US66-5220486

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

8499 Leavitt Rd Elyria, OH 44035
Elyria metro Census 57100 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.62M
Comparable Approach Comparable
$1.93M
Blend (final) Blend
$585k

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Restaurant $3.0M +85.9%
Medical building $2.6M +58.3%
Auto repair, garage $2.3M +39.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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