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Property profile & analytics
FOR LEASE
Industrial properties

901 Cleveland St Elyria, OH 44035

149,494 SF 18.05 ac lot
Entity Owned 1-yr Hold Free & Clear
Property ID
US66-5355302
Property summary
AI-generated overview

This exceptional industrial property, located at 901 Cleveland Street in Elyria, Ohio, presents a significant leasing opportunity. The single-tenant warehouse boasts a substantial 450,300 square feet of space, all currently vacant and ready for immediate occupancy. Situated on a generous 36-acre lot, the property offers ample room for expansion or future development. The warehouse features impressive ceiling heights ranging from 14 to 22 feet, providing significant vertical storage capacity. Loading and unloading are facilitated by 23 loading docks and 4 drive-in doors, ensuring efficient logistics. Parking is abundant, with over 600 spaces available, including over 400 conveniently located on the east side of the property. The property is powered by a robust electrical system, including a 69 KV, 12,470-volt transformer and 480 3-phase power. The property is located in Lorain County, Ohio, with a zip code of 44035. This expansive warehouse is ideal for businesses requiring significant space, high ceilings, and ample parking and loading capabilities. The property's size and features make it suitable for a wide range of industrial and warehousing operations. Contact us today to learn more about this exceptional leasing opportunity.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Total area 149,494 SF
Lot 18.05 ac (786,258 SF)
APN 06-25-009-000-008
UPID US66-5355302
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
Current use
Occupant on record · Public records
  • SafetyDirect Auto Repair Shop
  • Bendix Spicer Foundation Brake Corporate Office
  • E & R Welding General Contractor
  • Bendix Commercial Vehicle Systems LLC Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$6.10M
CAP Approach CAP
by Request
Comparable Approach Comparable
$8.00M
Blend (final) Blend
$6.10M
Owner & transaction history
Premier 901 Cleveland LLC · 1 yrs held
Premier 901 Cleveland LLC
since 2024
Last sale
$6.1M
2 recorded transactions
2024
$6.1M
2024
$6.1M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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