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    518 Lafayette Blvd Sheffield Lake, OH 44054

    New
    Pending
    For Sale
    Contact for pricing

    LAND - Sheffield Lake, OH

    Lot size:
    0.12 Acres
    Days on Market:
    2
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 518 Lafayette Blvd

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Pending
    APN
    03-00-037-107-008
    Parking features
    Paved or Surfaced
    Lot size
    0.12 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Russell Real Estate Services (440) 268-9491 [email protected]

    Listing agent Andrea Neal (440) 315-0686 License #2004002356

    Listing date Dec 4, 2025

    MLS# 5170314 Listing URL

    Copyright © 2025 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Buildable Lot Near Lake Erie

    This buildable lot in Sheffield Lake offers a 60 ft frontage and is situated in a charming lakefront neighborhood. The 0.12-acre lot is ready for a custom home or getaway retreat. The property is located close to parks, boat launches, and other lakeside amenities. It is located in Lorain County, Ohio, with a postal code of 44054.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sheffield Lake
    County
    Lorain
    State
    Ohio
    Longitude
    -82.092367
    Latitude
    41.492375

    Nearby Similar for Sale

    • $700,000
      Pending

      Lakefront Restaurant and Banquet Hall

      Restaurant with banquet hall, bar, and development opportunity on 1.33 acres.
      5348 E Lake Rd, Sheffield Lake, OH 44054
      View Details
    • $1,049,000
      4,850 SF

      Lakefront Executive Office Building

      Sheffield Lake, OH: Prime Office Space
      4259 Lake Rd, Sheffield Lake, OH 44054
      View Details

    FAQs

    What type of property is this?
    Land - Buildable lot in Sheffield Lake, steps from Lake Erie.
    Where is this land located?
    The property is located at 518 Lafayette Blvd Sheffield Lake, OH.
    What is the asking price?
    The asking price for this property is $24,900.
    What are key features of this property?
    This property features: - Buildable lot in a charming lakefront neighborhood.; - Steps from Lake Erie with lake breezes and sunset views.; - **60 ft frontage suitable for a custom home or retreat.**
    (440) 315-0686
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    518 Lafayette Blvd Sheffield Lake, OH 44054
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