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    V/L Broadway Lorain, OH 44052

    For Sale
    $59,900

    COMMERCIAL - Lorain, OH

    Lot size:
    0.11 Acres
    Days on Market:
    20
    Last Refresh:
    Dec 7 at 1:06 am

    Property Features for V/L Broadway

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    02-01-003-174-006
    Parking features
    Paved or Surfaced
    Lot size
    0.11 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 Nov 18, 2025

    MLS# 4346940 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

    Corner Lot in Lorain, OH

    This corner lot offers growth potential. The investment property is currently generating income through a billboard contract and parking arrangements with a nearby business for employee parking. The location is convenient, with proximity to shopping and the downtown area. The lot size is 0.11 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Lorain
    County
    Lorain
    State
    Ohio
    Longitude
    -82.16647
    Latitude
    41.453815

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    FAQs

    What type of property is this?
    Commercial land - Investment property with income potential from billboard and parking.
    Where is this commercial land located?
    The property is located at V/L Broadway Lorain, OH.
    What is the asking price?
    The asking price for this property is $59,900.
    What are key features of this property?
    This property features: - Massive corner lot with growth potential.; - Income-producing investment property.; - Billboard under contract for additional income.
    (440) 315-0686
    Request Owner's contact information
    V/L Broadway Lorain, OH 44052
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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
    V/L Broadway Lorain, OH 44052
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