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    V/L Capel Rd Grafton, OH 44044

    Sponsored
    For Sale
    Pending
    $235,000

    LAND - Grafton, OH

    Lot size:
    5.00 Acres
    Days on Market:
    53
    Last Refresh:
    Jan 5 at 2:06 pm

    Property Features for V/L Capel Rd

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Pending
    Lot size
    5.00 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    EXP Realty (866) 212-4991 [email protected]

    Listing agent April Kolodka (216) 970-7086 License #2018004985

    Listing date Nov 14, 2025

    MLS# 5120573 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

    Grafton, OH - 5 Acre Lot

    This expansive 5-acre lot is zoned for light industrial use, presenting a remarkable opportunity. The property has potential for rezoning to residential, expanding the possibilities for development. The location offers ease of access and a blank canvas for light industrial or residential aspirations. This lot is an investment opportunity where potential meets natural beauty, suitable for light industrial use or building a home.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Industrial land

    Map

    City
    Grafton
    County
    Lorain
    State
    Ohio
    Longitude
    -82.02967196
    Latitude
    41.29751591

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    FAQs

    What type of property is this?
    Land - 5 acre lot zoned for light industrial with residential potential.
    Where is this land located?
    The property is located at V/L Capel Rd Grafton, OH.
    What is the asking price?
    The asking price for this property is $235,000.
    What are key features of this property?
    This property features: - Expansive 5-acre lot, offering ample space for development.; - Zoned for light industrial use, ideal for various business operations.; - Potential for rezoning to residential, opening doors to housing projects.
    (216) 970-7086
    Request Owner's contact information
    V/L Capel Rd Grafton, OH 44044
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    Grafton, OH 44044
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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 Capel Rd Grafton, OH 44044
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