Prime Commercial Land For
32499 Lorain Rd, North Ridgeville, OH 44039
For Sale
Contact for pricing
One acre of land ready for development in retail corridor.
Property SizeContact for details
Lot Size1.00 Acre
Days on Market711
Property Features for 32499 Lorain Rd
General Information
Standard status
Class
Lot size
Property subtype
Zoning
Building Details
Year Renovated
Listing Agency:
CBRE - Cleveland
Listed By:
Joseph Khouri · License OH #2008000837
(216) 658-6120
Source:
Crexi
Added: Dec 4, 2024
Changed: Nov 12
Last Checked: Nov 14 at 2:39AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This one-acre commercial land parcel is available for sale, situated in a bustling retail corridor. The previous building and canopy were demolished in 2025, and the site is now ready for development. The site dimensions are approximately 213 feet by 576 feet. The property benefits from two existing curb cuts, providing optimal circulation, and shared access with Starbucks, which allows access to a signalized intersection. Located directly adjacent to a new Starbucks, the property is surrounded by various businesses, including McDonald's, Burger King, Culver's, Panera, Sheetz, Chipotle, Taco Bell, Dunkin, Kindercare, and University Hospitals. The location benefits from high traffic counts, with approximately 17,451 vehicles per day. The area boasts strong demographics, with average household incomes of $122,321 within a 3-mile radius. The property is zoned B-3 Highway Commercial District, governed by Chapter 1268 of the city’s zoning code, which permits many retail, restaurant, and service uses, including car washes. A detailed due diligence package is available for review.
Key Highlights
- Price reduced to $895,000 for fast closing (previous price $1,200,000).
- 1 Acre of land ready for development** with dimensions approximately 213’ X 576’.
- Located in a high‑traffic retail corridor (17,451 VPD) adjacent to Starbucks.
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Location Intelligence
Trade Area within ½ mile
232
Businesses Nearby
Explore this area
Business Placement
Demographics for 44039, OH
35,630
Population
14,441
Households
2.5
Avg Household Size
44
Median Age
35%
College-Educated
96%
High-School Grad
24.1 sq mi
ZIP Area
1,478
Density / Sq Mi
$94,128
Median Household Income
$53,988
Median Earnings
$1,067
Median Rent
$254,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Properties on Market for Commercial land in Lorain County
Frequently Asked Questions
What type of property is this?
Commercial land - One acre of land ready for development in retail corridor.
Where is this commercial land located?
The property is located at 32499 Lorain Rd North Ridgeville, OH.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Price reduced to $895,000 for fast closing (previous price $1,200,000).; 1 Acre of land ready for development** with dimensions approximately 213’ X 576’.; Located in a high‑traffic retail corridor (17,451 VPD) adjacent to Starbucks.
