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27048 Lorain Rd North Olmsted, OH 44070

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For Sale
$700,000

Commercial land for sale in a high-traffic North Olmsted location.

Lot size:
0.70 Acres

Property Features for 27048 Lorain Rd

General Information

Lot size
0.70 Acres

Source: CBRE | Cleveland Agent Joseph Khouri

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


Overview

Prime Out-Lot Opportunity

This commercial land offers a premier out-lot opportunity at the intersection of Lorain Road and Dover Center Road in North Olmsted, benefiting from a traffic signal at the main entrance. The site allows for a 4,000 square foot build-to-suit for lease, or approximately 0.70 acres for sale or ground lease. Located on Lorain Road, adjacent to a new Starbucks and Swensons, the property provides full access to both Lorain and Dover Center. It features excellent direct street front visibility along a densely populated corridor with high sales volume and traffic. The location benefits from a super regional trade area, with the nearby Great Northern Mall anchored by Dillard’s, Macy’s, Dick’s Sporting Goods, and Home Depot. The property has approximately 165 feet of frontage along Lorain Road. The area has a dense population of 165,646 people within a 5-mile radius, and a daytime population of 170,337 people within the same radius. The average household income in this 5-mile radius is $99,511. Traffic counts at the corner of Dover Center Road and Lorain Road reach 34,726 vehicles per day.
Insight Report Location Intelligence

Current Use by Public Records

Space Shop Self ... Self-Storage Facility

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

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

Location Insight

  • Map
  • Local Demand
City
North Olmsted
County
Cuyahoga
State
Ohio
Longitude
-81.9217999
Latitude
41.4180712

FAQs

What type of property is this?
Commercial land - Commercial land for sale in a high-traffic North Olmsted location.
Where is this commercial land located?
The property is located at 27048 Lorain Rd North Olmsted, OH.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: - Premier location on Lorain Road and Dover Center Road with traffic signal access.; - **High traffic counts: 34,726 VPD** at the corner of Dover Center Road & Lorain Road.; - **Excellent street frontage visibility** along a high-traffic corridor.
More about this property
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