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    31084 Lorain Rd North Olmsted, OH 44070

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    For Sale
    Contact for pricing

    7-15 acres of development land with utilities and highway access.

    Lot size:
    15.00 Acres

    Property Features for 31084 Lorain Rd

    General Information

    Lot size
    15.00 Acres

    Source: NAI Pleasant Valley - Independence Agent Hiedi Winston

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

    Overview

    Prime Development Land Available

    This property features 7 to 15 acres of prime development land. All seven utilities are available at the site. The location benefits from a traffic count exceeding 20,000 vehicles per day. It is zoned for General Retail with an overlay for B1 Office. The property offers convenient access to I-480 via Lorain Road and is located 10 minutes from the Ohio Turnpike and Crocker Park.
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    North Olmsted
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.9640467
    Latitude
    41.3948533

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    FAQs

    What type of property is this?
    Land - 7-15 acres of development land with utilities and highway access.
    Where is this land located?
    The property is located at 31084 Lorain Rd North Olmsted, OH.
    What are key features of this property?
    This property features: - 7-15 Acres of Prime Development Land; - All 7-utilities available at site; - Zoned: General Retail with overlay B1 Office
    (440) 752-2617
    Request Owner's contact information
    31084 Lorain Rd North Olmsted, OH 44070
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    North Olmsted, OH 44070
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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
    31084 Lorain Rd North Olmsted, OH 44070
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