Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    Vl Ridgewood St Lorain, OH 44055

    For Sale
    $40,000

    LAND - Lorain, OH

    Lot size:
    0.74 Acres
    Days on Market:
    19
    Last Refresh:
    Dec 6 at 3:06 am

    Property Features for Vl Ridgewood St

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Vegetation
    Wooded
    APN
    03-00-109-127-001
    Lot size
    0.74 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

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

    Listing agent Steven Lawson (440) 320-9888 License #2020000096

    Listing date Nov 18, 2025

    MLS# 5117148 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

    Residential Land in Established Neighborhood

    This nearly 0.736-acre property presents an opportunity to build a dream home in an established neighborhood. The land is centrally located near shopping, dining, and other attractions, with convenient access to major highways. Situated in Lorain, Ohio, the property benefits from low Lorain County taxes and is located within 30 minutes of downtown Cleveland. It is part of the Clearview School District. Featuring a 205-foot frontage, the lot offers possibilities for a deep setback or multiple homes, subject to confirmation with the local Sheffield Township building department. The intended use of the property is for residential construction.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Lorain
    County
    Lorain
    State
    Ohio
    Longitude
    -82.118139
    Latitude
    41.421705

    Nearby Similar for Sale

    • New
      $275,000
      2,224 SF

      Renovated Brick Duplex in Lorain

      Updated duplex with new systems, modern finishes, and rental potential.
      2400 Oberlin Ave, Lorain, OH 44052
      View Details
    • $219,900
      Pending

      Well-Maintained Duplex in Lorain, OH

      Desirable duplex with updated units, private laundry, and garage.
      4610 Ashland Ave, Lorain, OH 44053
      View Details
    • $225,000
      Pending

      Well-Maintained Lorain Quadplex Investment

      Four-unit quadplex near downtown Lorain with immediate cash flow.
      1131 W 9Th St, Lorain, OH 44052
      View Details
    • $375,000
      1.21 Acres

      Turnkey Medical Office, Lorain, OH

      5,400 sq ft commercial building on 1.2-acre lot in Lorain.
      4520 Oberlin Ave, Lorain, OH 44053
      View Details
    • $129,900
      2,072 SF

      Updated Duplex Near Lake Erie

      Updated duplex near Lake Erie, ideal for investors or homeowners.
      415 Brownell Ave, Lorain, OH 44052
      View Details
    • $129,000
      Pending

      Lorain Duplex with Wheelchair Access

      Well-maintained Lorain duplex with 6 bedrooms, 3 baths, and wheelchair access.
      1766 E 31St St, Lorain, OH 44055
      View Details

    FAQs

    What type of property is this?
    Land - 0.74 acre lot for dream home in Lorain, OH.
    Where is this land located?
    The property is located at Vl Ridgewood St Lorain, OH.
    What is the asking price?
    The asking price for this property is $40,000.
    What are key features of this property?
    This property features: - Nearly 3/4 acre property in an established neighborhood.; - Located centrally near shopping, dining, and attractions.; - Easy access to all major highways.
    (440) 320-9888
    Request Owner's contact information
    Vl Ridgewood St Lorain, OH 44055
    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.
    Vl Ridgewood St
    Lorain, OH 44055
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Vl Ridgewood St Lorain, OH 44055
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.