Prime Development Land
For Sale
$2,800,000
Pending
4397 North Leavitt Road, Lorain, OH 44053
18.72 acres of commercial land for development.
Property Size18 SF
Lot Size18.72 Acres
Days on Market162
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
(216) 658-6120
Source:
Cbre
Added: Mar 25
Changed: Aug 16
Last Checked: Jul 23 at 6:35AM
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
Current Use
Location Intelligence
Trade Area within ½ mile
239
Businesses Nearby
Explore this area
Business Placement
Demographics for 44053, OH
20,735
Population
9,529
Households
2.2
Avg Household Size
44
Median Age
21%
College-Educated
91%
High-School Grad
10.8 sq mi
ZIP Area
1,920
Density / Sq Mi
$65,332
Median Household Income
$43,654
Median Earnings
$827
Median Rent
$189,500
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
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
