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Commercial Land with Mineral Rights
For Sale
Contact for pricing
Pending

1641 Root Rd, Lorain, OH 44052

Three parcels combine Root Road frontage, gas and water wells, and existing residential improvements.

Property SizeContact for details
Days on Market142

Property Features for 1641 Root Rd

General Information

Standard status Pending
Property subtype Hospitality, Land, Mixed Use, Retail
Listing Agency: MAC Realty, Inc
Listed By: JUDITH WARGO · License #OH 240265
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 4:23PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of MAC Realty, Inc

Investment Insights

Based on property information with market context.

This commercial land offering comprises three parcels totaling 16.1 acres along Root Rd. The property is currently improved with a residential home and apartment, although the land is identified as the primary value. Gas and water wells are located on the property, and the seller owns all mineral rights.

The site is in the Lorain area near Lake Erie and within minutes of I-90. It is also near a new race car facility and event center, as well as proposed development activity connected to the Bartlett Maritime Corporation submarine component repair facilities and the Metro Sports Entertainment Complex.

Key Highlights

  • Three parcels totaling 16.1 acres
  • Frontage on Root Rd
  • Seller owns all mineral rights

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Law Firm Big Box & Wholesale Store Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

58
Businesses Nearby

Demographics for 44052, OH

29,249
Population
13,673
Households
2.1
Avg Household Size
37
Median Age
12%
College-Educated
83%
High-School Grad
9.5 sq mi
ZIP Area
3,079
Density / Sq Mi
$42,298
Median Household Income
$31,985
Median Earnings
$840
Median Rent
$104,000
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Three parcels combine Root Road frontage, gas and water wells, and existing residential improvements.
Where is this commercial land located?
The property is located at 1641 Root Rd Lorain, OH.
What are key features of this property?
This property features: Three parcels totaling 16.1 acres; Frontage on Root Rd; Seller owns all mineral rights
More about this property
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