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    8465-8455 Leavitt Rd Amherst, OH 44001

    For Sale
    $285,000

    Prime Amherst location, two parcels, outbuilding.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional commercial property, located at 8465-8455 Leavitt Road in Amherst, Ohio, presents a significant business opportunity. Priced at $285,000, the property encompasses two parcels, 05-00-048-000-010 and 05-00-048-000-011, which will be combined upon title transfer, simplifying ownership. The total land area is 0.55 acres. The property's history includes use as an auto body shop, offering versatile potential for various commercial ventures. A substantial outbuilding measuring 35 x 65 feet is a key feature. This structure boasts a durable concrete floor, a large garage door for easy access, and a convenient rear exit. The property's prime location in Amherst Township provides excellent visibility and accessibility, making it an attractive investment for entrepreneurs seeking a well-situated commercial space. The combination of land size, existing outbuilding, and strategic location makes this property ideal for a variety of business uses. This is a rare opportunity to acquire a well-positioned commercial property in a desirable location. The sale is part of an estate settlement, ensuring a clear and straightforward transaction.

    Property Features for 8465-8455 Leavitt Rd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    23,958 SF

    Building Details

    Year Built
    1935
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Spa & Massage Building Supply Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Amherst
    County
    Lorain
    State
    Ohio
    Longitude
    -82.20995
    Latitude
    41.36784

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Amherst location, two parcels, outbuilding.
    Where is this commercial real estate located?
    The property is located at 8465-8455 Leavitt Rd Amherst, OH.
    What is the asking price?
    The asking price for this property is $285,000.
    (440) 282-4444
    Request Owner's contact information
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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
    8465-8455 Leavitt Rd Amherst, OH 44001
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