14647 State Route 511Oberlin, OH 44074

14647 State Route 511Oberlin, OH 44074

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$5,120,000
Commercial - Industrial MLS 20260116

Listed By

Agency Name: North Bay Realty, LLC

Shown By

Agency Title: Cutler Real Estate
Agency Phone:

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Property Description

Kipton Quarry offers a rare opportunity to acquire a large-scale, reserve-backed quarry within the highly sought-after Berea Sandstone Formation, globally recognized as the industry standard for material consistency and geological testing. This asset is well positioned for mining, infrastructure, and energy-sector operators.The property spans approximately 56 acres, with active extraction on roughly 10 acres, and is supported by an estimated 400 million tons of recoverable Berea sandstone, providing long-term production visibility. All mineral and water rights convey, allowing full control over current operations and future development. All permits are in place and posted in office.Improvements include three on-site buildings totaling approximately 10,000+ SF, supporting processing, storage, logistics, and administrative functions, with additional capacity for expansion or modernization.The quarry serves multiple end markets with a diversified product mix, including architectural and dimensional sandstone, large-format erosion control blocks, aggregate stone for construction, and petroleum-grade core samples supplied domestically and internationally. Berea sandstone is the global reference standard for oil and gas reservoir testing and permeability analysis.The property also includes a natural spring water resource, providing additional development optionality.With substantial reserves, conveyed mineral and water rights, established infrastructure, and multi-sector demand, Kipton Quarry represents a durable, income-capable industrial asset with significant long-term upside.

14647 State Route 511 | MLS# 20260116

This commercial property located at 14647 State Route 511, Oberlin, OH 44074 is currently listed for sale with an asking price of $5,120,000. Search Oberlin real estate on 10352jeromeroad.cutlerhomes.com today.

Property Features

Property Type: Commercial - Industrial
Days on Market: 205
Lot Size: 56.00 Acres
Roof Type: Metal
Year Built: 2005

Amenities

Equipment

Feature Descriptions

Business Use: Light Industrial, Warehouse
Exterior: Steel
Lot Dimensions: 56.0000 Acre(s)
Sewer: See Sewer Comment
Water: Public

Demographics

Lorain County Demographic Information for 14647 State Route 511, Oberlin, OH 44074
Fips
Fips Code 39093
Population
2020 to 2025 Change up 3.3%
2010 Count 301,356
2020 Count 312,964
2025 Estimate (V2025) 323,219
2020 Estimate (V2025) 312,956
Age Distribution (Years Old)
0 to 4 5.2%
5 to 17 21.1%
18 to 64 53.0%
65 and Older 20.7%
Gender
Male 49.6%
Female 50.4%
Place of Birth
Foreign 3.1%
US 96.9%
Education
High School Graduate, Age 25+ 91.8%
Bachelor's Degree or Higher, Age 25+ 28.5%
Computer and Internet use
Households with a computer 94.8%
Households with a broadband Internet subscription 88.9%
Language
English is Second Language, Age 5+ 7.8%
English is First Language, Age 5+ 92.2%
Veterans
Veterans 18,512
Income
Per Capita Income $40,798
Median Household Income $73,347
People in Poverty 10.8%
Commute
Average Work Commute Time 26 minutes
Housing
Total Housing Units 136,666
Households 127,544
Average Household Size 2.42
Owner-Occupied 74.0%
Multi-Family 17.0%
Owner-Occupied Median Value $223,200
Median selected monthly owner costs -with a mortgage $1,525
Median selected monthly owner costs -without a mortgage $629
Median gross rent $966
Building Permits
New Private Housing Issued 2024 1,331
Years at Residence
1 Year or More 90.9%
Less Than 1 Year 9.1%
Business and Employment
Private non-farm Establishments 5,664
Private non-farm Employment 89,159
Private non-farm Employment Growth 0.0%
Nonemployer Establishments 21,949
Number of Firms 4,759
Business Production
Value of Shipments $6,058,884,000
Wholesale Trade $2,315,415,000
Retail Trade $3,875,576,000
Retail Sales Per Capita $12,297
Accommodation and Food Services $444,363,000
Land
Land Area 491.10 sq. miles
Population Per Square Mile 614

Source: US Census Bureau