2200 W River Rd N Elyria, OH 44035

Listing Agency Logos Realty Company

Listed by Bob Graham · License #OH

Source Crexi

Added: Mar 14, 2022 Checked: Jul 17 at 3:31 am

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Investment Insights

Based on property information with market context.

This commercial land is situated in the general center of Lorain County, which has a population of 312,964 and is experiencing growth. The location offers convenient access to freeways from five different directions, with the Ohio Turnpike nearby adding two more access points. The site is positioned between Lorain, with a population of 65,211, and Elyria, with a population of 52,656. There are seven office buildings surrounding the site, with a low vacancy rate of 0.1%. A childcare facility with a 3-star rating is located next door. The corner of the property is zoned for a gas station, and rezoning is possible as needed. Tax incentives may be available, and the city and county are motivated.

Key Highlights

• High traffic location with freeway access from 5 directions plus Ohio Turnpike access.
• Central location within Lorain County's population center (312,964 and growing).
• Potential tax incentives from motivated city and county.

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FAQs

What type of property is this?

Commercial land - Land with high traffic, development potential, and tax incentives.

Where is this commercial land located?

The property is located at 2200 W River Rd N Elyria, OH.

What is the asking price?

The asking price for this property is $4,380,000.

What are key features of this property?

This property features: High traffic location with freeway access from 5 directions plus Ohio Turnpike access.; Central location within Lorain County's population center (312,964 and growing).; Potential tax incentives from motivated city and county.