Add Listing
    For Sale
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Avon Road Avon, OH 44011

    View on Map
    Claim this Listing
    For Sale
    $79,900

    LAND - Avon, OH

    Lot size:
    0.34 Acres
    Added:
    May 13, 2022
    Days on Market:
    1453
    Last Refresh:
    May 4 at 5:06 pm

    Property Features for Avon Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    04-00-028-102-076
    Lot size
    0.34 Acres

    Taxes and HOA fees

    Tax Description
    AVON OAKS SUB 100 X 200
    Tax Annual Amount
    593

    We can help!

    Listing Contact
    Edward J Golden

    Listing agent Edward J Golden License #2012000406

    Listing office Keller Williams Greater Metropolitan 29225 Chagrin Boulevard #105, Cleveland, OH

    Listing date May 13, 2022

    MLS# 4372753 Listing URL

    Copyright © 2026 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

    Residential Lot in Avon, Ohio

    This is a rare opportunity to own a residentially-zoned, parceled lot in the city of Avon, Ohio, located on a dead-end street. The lot spans 0.34 acres. Prospective buyers can bring their own builder to construct a custom home. There are a total of four lots available, with three of them being adjacent to each other. It should be noted that there is no sewer on the street, so a septic system will need to be installed if a home is to be built. City water and electrical service are available at the street.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Avon
    County
    Lorain
    State
    Ohio
    Longitude
    -81.971738
    Latitude
    41.467822

    Nearby Similar for Sale

    • $1,250,000

      Historic Avon Restaurant/Bar Opportunity

      Established restaurant/bar location with long-term tenant in place.
      36816 Detroit Road, Avon, OH 44011
      View Details
    • $499,900

      Avon Land Ready to Build

      3.4 acre lot ready for your dream home.
      3473 Moon Road, Avon, OH 44011
      View Details
    • $80,000

      Residential Land in Avon, OH

      Half-acre lot in Avon, close to amenities and highways.
      36870 Bauerdale Avenue, Avon, OH 44011
      View Details
    • $725,000
      11,000 SF

      Avon Flex Building on Colorado

      11,000 sq ft flex building on 1.31 acres.
      37207 Colorado Avenue, Avon, OH, 44011
      View Details
    • $995,000
      5,040 SF

      Industrial Building on Five Acres

      5,040 SF industrial building on 5 acres for sale.
      34550 Chester Rd, Avon, OH 44011
      View Details
    • $549,000

      Commercial Land For Sale

      0.45 AC of land zoned for business and industrial use.
      33395 Just Imagine Dr, Avon, OH 44011
      View Details
    • $405,000

      Avon Land Parcel Available

      1.8 acre parcel for dream home in Avon, OH
      VL C Stoney Ridge Road, Avon, OH 44011
      View Details
    • $900,000

      Avon, OH Industrial Land

      24 acres of prime real estate in Avon, Ohio.
      35666 Schneider Court, Avon, OH 44011
      View Details
    • $1,950,000
      7 SF

      7.23 AC Highway Development Site

      Highway development site with utilities in growing retail market.
      38550 Chester Road, Avon, OH, 44011
      View Details
    • $1,668,000

      Profitable Investment Opportunity in Avon

      Two adjacent condos leased to Buckeye Bank and R.A.B. Financial.
      36901 American Way, Avon, OH
      View Details
    • $19,840,000
      60,000 SF

      60,000 SF Dick's Sporting Goods

      60,000 SF single-tenant retail property leased to Dick's Sporting Goods.
      35521 Chester Rd, Avon, OH 44011
      View Details
    • $2,169,000

      7.23 AC Highway Development Site

      7.23 acres of commercial land for sale.
      38550 Chester Rd, Avon, OH 44011
      View Details

    FAQs

    What type of property is this?
    Land - Residentially-zoned lot in Avon to build your dream home.
    Where is this land located?
    The property is located at Avon Road Avon, OH.
    What is the asking price?
    The asking price for this property is $79,900.
    What are key features of this property?
    This property features: Residentially‑zoned lot in Avon, offering the opportunity to build a custom home.; Located on a dead‑end street, potentially offering privacy and reduced traffic.; City water and electrical service available at the street.
    (440) 821-7985
    We can help!
    Listing Contact
    Edward J Golden
    Real Estate License ID: 2012000406
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Avon Road, Avon, OH 44011
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!