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: 888-763-7575

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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 251danielburnhamsquareunitunit259.cutlerhomes.com today.

Property Features

Property Type: Commercial - Industrial
Days on Market: 117
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