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Prime Development Land Opportunity

4397 North Leavitt Road Lorain, OH 44053

4397 North Leavitt Road, Lorain, OH, 44053
$2,800,000
Pending
For Sale
$2,800,000
Pending

18.72 acres of commercial land for development.

Property Size18 SF
Lot Size18.72 Acres
Days on Market116

Property Features for 4397 North Leavitt Road

General Information

Standard status
Pending
Size
18 SF
Lot size
18.72 Acres
Property subtype
Land
Listing Agency CBRE | Cleveland
Listed by Joseph Khouri · License #2008000837
Source Cbre
Added: Mar 25 Checked: Jul 17 at 5:05 am

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.

Available for development are approximately 18.72 acres, comprised of two parcels offered together. The front parcel encompasses 6.44 acres, identified as parcel #0202008107035, while the rear parcel spans 12.28 acres, identified as parcel #0202007101057. The property has approximately 489.91 feet of frontage and is zoned B-2, General Business District. The property is situated across from Lighthouse Village, which is anchored by Walmart, Home Depot, and Kohl's, and adjacent to the new TJ Maxx, Five Below, and Grocery Outlet. The Lorain market boasts an average household income of $83,800 within a 3-mile radius and a daytime population of 83,222 within a 5-mile radius. Nearby retailers include Walmart, Home Depot, Grocery Outlet, TJ Maxx, Five Below, Kohl’s, Pet Supplies Plus, Aldi, Planet Fitness, Meijer, and Giant Eagle. Area restaurants include Starbucks, Applebee’s, Chic Fil A, Raising Cane’s, Five Guys, Dunkin, Chipotle, Bob Evans, and Pizza Hut. The property is currently located in a Flood Zone.

Key Highlights

  • +/- 18.72 acres total available for development in a high‑traffic area
  • Zoned B‑2 – General Business District, offering versatile development opportunities
  • Located across from Lighthouse Village (anchored by Walmart, Home Depot, Kohl's) and adjacent to TJ Maxx, Five Below, and Grocery Outlet

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Real Estate Agency Building Supply Big Box & Wholesale Store Law Firm Auto Repair Shop Auto Parts Store HVAC Service Kitchen & Bath Showroom Storage Facility Restaurant

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

FAQs

What type of property is this?
Commercial land - 18.72 acres of commercial land for development.
Where is this commercial land located?
The property is located at 4397 North Leavitt Road Lorain, OH.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: +/- 18.72 acres total available for development in a high‑traffic area; Zoned B‑2 – General Business District, offering versatile development opportunities; Located across from Lighthouse Village (anchored by Walmart, Home Depot, Kohl's) and adjacent to TJ Maxx, Five Below, and Grocery Outlet
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