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    Lost Nation Rd Willoughby, OH 44094

    For Sale
    $750,000

    COMMERCIAL - Willoughby, OH

    Lot size:
    7.72 Acres
    Days on Market:
    20
    Last Refresh:
    Dec 7 at 6:06 pm

    Property Features for Lost Nation Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    27-B-053-D-00-007-0
    Lot size
    7.72 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    McDowell Homes Real Estate Services (440) 205-2000 [email protected]

    Listing agent Jerry A Lesak (440) 487-2157 License #2003005234

    Listing date Nov 18, 2025

    MLS# 5106699 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

    Willoughby Commercial Development Opportunity

    This 7.72-acre corner lot is a development site suitable for retail, office, business, warehouse, and multiple other uses. It benefits from a high traffic count and is located across from Lost Nation Airport. The city of Willoughby is planning a circle interchange on Lost Nation Road to encourage development and opportunities in the area. The airport is expected to grow, with clients moving from Burke Lake to Willoughby. Osborne Park along the Lake is being developed, and the shoreline is being stabilized. An amphitheater is being added to the park, which already includes a pool, playground, and sports fields, creating a significant attraction. Tax abatement may be possible.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Willoughby
    County
    Lake
    State
    Ohio
    Longitude
    -81.4007547
    Latitude
    41.6854952

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    FAQs

    What type of property is this?
    Commercial land - Development site suitable for retail, office, business, and warehouse.
    Where is this commercial land located?
    The property is located at Lost Nation Rd Willoughby, OH.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: - High-traffic corner lot - suitable for retail, office, business, or warehouse development.; - Located across from Lost Nation Airport, experiencing growth due to the closure of Burke Lake Airport.; - City plans for a circle interchange on Lost Nation Road to encourage development.
    (440) 487-2157
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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.

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    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
    Lost Nation Rd Willoughby, OH 44094
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