1305 Taylor StElyria, OH 44035
- Industrial properties
- 19,860 SF
Property Details for 1305 Taylor St
- Year built
- 1971
- Lot size
- 1.23 AC
- Property size (Sq ft)
- 19,860 SF
- Property type
- Industrial properties
- Property subtype
- Other industrial properties
- APN
- 06-25-008-000-010
- APU
- 625008000010
Description
This exceptional 19,800-square-foot industrial property, located at 1305 Taylor St in Elyria, Ohio, presents a rare owner-user opportunity with strong cash flow potential. Situated on a 1.23-acre lot, this multi-tenant building boasts a 20-foot ceiling height, ideal for various uses. Currently, approximately 5,200 square feet is available for immediate occupancy, with an additional approximately 7,400 square feet potentially becoming available by December 31, 2024. The property is zoned L-1, permitting a range of uses including light manufacturing, warehousing, and automotive repair. Built in 1971, this well-located warehouse offers excellent access to major transportation arteries, providing convenient access to all of Northeast Ohio and Interstate 80, just 3.8 miles away. The asking price is $778,000, translating to $39 per square foot. This represents a compelling investment opportunity in a prime industrial park location. The property's multi-tenant configuration allows for both owner-occupancy and rental income generation, maximizing return on investment. This is a unique chance to acquire a versatile and strategically located industrial asset in a thriving market. The property's size, zoning, and location combine to create a highly desirable offering for a variety of businesses.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $4,089,496
- Hospitality
- $3,745,956
- Educational
- $3,116,592
- Medical
- $3,223,776
- Retail
- $4,848,032
Location Insight
- City
- Elyria
- County
- Lorain
- State
- Ohio
- Latitude
- 41.3708
- Longitude
- -82.0704
- CBSA code
- 17460
- CBSA name
- CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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