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2.25 AC Outparcel on Lorain
For Lease
$1,200,000

23460 Lorain Road, North Olmsted, OH 44070

2.25 AC outparcel for sale on high-traffic Lorain Road.

Space SizeContact for details
Lot Size2.25 Acres
Days on Market151

Property Features for 23460 Lorain Road

General Information

Standard status Active
Lot size 2.25 Acres
Property subtype Land
Listing Agency: CBRE | Cleveland
Listed By: Kevin Moss · License #SAL.2015001299
Source: Cbre
Added: Mar 25 Changed: Aug 9 Last Checked: Aug 21 at 7:12AM

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 CBRE | Cleveland

Investment Insights

Based on property information with market context.

This 2.25-acre outparcel is available for sale on Lorain Road, benefiting from high traffic counts exceeding 30,000 vehicles per day at the intersection. The property features over 250 feet of frontage along Lorain Road. It is zoned B-3 General Business. The location is near Starbucks and across from a new Chipotle, minutes from the Great Northern Mall and Westgate retail corridors. The surrounding area is densely populated, with 70,395 residents and an average household income of $121,163 within a 3-mile radius.

Key Highlights

  • High traffic counts: Over 30,000 vehicles per day.
  • Located on Lorain Road with over 250’ frontage.
  • Dense market: 70,395 people with an average household income of $121,163 within a 3‑mile radius.

Property Analytics

Current Use

Firewood Unlimited, Inc. Big Box & Wholesale Store

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Law Firm Bakery Locksmith (Bike/Boat/Book/etc) Store

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

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

473
Businesses Nearby

Demographics for 44070, OH

32,442
Population
13,953
Households
2.3
Avg Household Size
44
Median Age
33%
College-Educated
95%
High-School Grad
11.7 sq mi
ZIP Area
2,773
Density / Sq Mi
$85,435
Median Household Income
$49,900
Median Earnings
$1,092
Median Rent
$202,400
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - 2.25 AC outparcel for sale on high-traffic Lorain Road.
Where is this commercial land located?
The property is located at 23460 Lorain Road North Olmsted, OH.
What is the lease rate?
The lease rate is $1,200,000.
What are key features of this property?
This property features: High traffic counts: Over 30,000 vehicles per day.; Located on Lorain Road with over 250’ frontage.; Dense market: 70,395 people with an average household income of $121,163 within a 3‑mile radius.
More about this property
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