160 Eady CtElyria, OH 44035

  • Industrial properties
  • 6,256 SF
For Sale
$229,000 View listing

Property Details for 160 Eady Ct

Year built
1951
Lot size
0.18 AC
Property size (Sq ft)
6,256 SF
Property type
Industrial properties
Property subtype
Other warehouses
APN
06-25-012-102-025
APU
625012102025

Description

This exceptional 6,256 square foot warehouse at 160 Eady Court, Elyria, OH, presents a compelling investment opportunity for both owner-users and investors. Situated on a 0.36-acre lot, this single-story cement block building offers significant potential. Currently featuring a wide-open interior, the property allows for complete customization to suit diverse business needs. Preliminary architectural plans exist to subdivide the space into seven flexible rental units, offering a potential path to increased revenue. The building boasts two overhead doors—one approximately 11 feet high and the other 9 feet high—facilitating efficient loading and unloading of goods. Ample parking is available, with approximately 20 spaces in the rear and 7 in the front, plus additional space in a front nook. A fenced rear lot enhances security and provides potential for extra storage or parking. The property benefits from three-phase power, ideal for businesses requiring industrial machinery. Furthermore, the roof was replaced in 2023 and comes with a transferable 12-year warranty, providing peace of mind for years to come. This property's combination of size, location, and features makes it an attractive prospect for a variety of commercial uses.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,288,212
    Hospitality
    $1,179,995
    Educational
    $981,742
    Medical
    $1,015,506
    Retail
    $1,527,154
160 Eady Ct, Elyria, Ohio

Location Insight

City
Elyria
County
Lorain
State
Ohio
Latitude
41.3745
Longitude
-82.0792
CBSA code
17460
CBSA name
CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,330
$5,488
$39,648
$45,136
-
$15,680
$113,280
$128,960

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