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    34275 Lorain Rd North Ridgeville, OH 44039

    For Sale
    Contact for pricing

    Proposed retail development site for sale, ground lease, or build-to-suit.

    Lot size:
    5.45 Acres

    Property Features for 34275 Lorain Rd

    General Information

    Lot size
    5.45 Acres

    Source: Cresco Real Estate | Cleveland Agent Ryan Fisher

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    5.45 AC Retail Development Site

    This 5.45-acre site is a proposed retail development available for sale, ground lease, or build-to-suit options. The property offers outparcel drive-thru opportunities for sale or ground lease. Single or multi-tenant pad development opportunities are also available. Situated at the signalized intersection of Lorain and Root, the location benefits from over 20,000 vehicles per day. It provides quick access to I-80 and I-480. Zoned B-3 in a pro-business community, the site allows for a variety of retail, medical, or general office uses. North Ridgeville is one of Northeast Ohio’s fastest-growing suburbs with over 200 new home starts annually.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    North Ridgeville
    County
    Lorain
    State
    Ohio
    Longitude
    -81.99679
    Latitude
    41.36854

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    FAQs

    What type of property is this?
    Commercial land - Proposed retail development site for sale, ground lease, or build-to-suit.
    Where is this commercial land located?
    The property is located at 34275 Lorain Rd North Ridgeville, OH.
    What are key features of this property?
    This property features: - 5.45 AC retail development opportunity (sale, ground lease, or build-to-suit).; - Located at a signalized intersection with high traffic volume (over 20k VPD).; - Zoned B-3, allowing for diverse retail, medical, or general office uses.
    (216) 525-1497
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    34275 Lorain Rd North Ridgeville, OH 44039
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    North Ridgeville, OH 44039
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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
    34275 Lorain Rd North Ridgeville, OH 44039
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