Search
Residential Building Lot Opportunity
For Sale
$30,000

5278 Farr Ave, Lorain, OH 44055

Vacant residential land offered for the potential construction of up to two homes, subject to local confirmation.

Property SizeContact for details
Days on Market104

Property Features for 5278 Farr Ave

General Information

Standard status Active
Property subtype Land

Taxes and HOA fees

Annual Taxes $353
Listing Agency: The Swanzer Agency
Listed By: Gregory H Fior · License #2003010054
Source: Exprealty
Added: Apr 28 Changed: Aug 8 Last Checked: Jul 19 at 3:11AM

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 The Swanzer Agency

Investment Insights

Based on property information with market context.

This listing offers vacant residential land with the possibility of building up to two homes. The seller suggests confirming the exact buildable outcome with the local Sheffield Township building department prior to proceeding.

The public remarks state the assumption that gas, water, electric, and sanitary sewer are available, with the buyer responsible for verifying utility availability. The property is described as immediately available and ready for construction.

For due diligence, buyers should confirm local requirements and utility access through the appropriate township offices before planning any development work.

Key Highlights

  • Vacant residential land with potential to build up to two homes, subject to local confirmation
  • Buyer should check with the Sheffield Township building department to confirm feasibility for 2 homes
  • Assumes gas, water, electric, and sanitary sewer are available; buyer must verify utility availability

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Spa & Massage Center Electrical Service Hair Salon Pharmacy Nail Salon

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

135
Businesses Nearby

Demographics for 44055, OH

19,331
Population
9,258
Households
2.1
Avg Household Size
36
Median Age
10%
College-Educated
82%
High-School Grad
6.3 sq mi
ZIP Area
3,068
Density / Sq Mi
$36,603
Median Household Income
$30,631
Median Earnings
$848
Median Rent
$95,700
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?
Residential land & home lot - Vacant residential land offered for the potential construction of up to two homes, subject to local confirmation.
Where is this residential land & home lot located?
The property is located at 5278 Farr Ave Lorain, OH.
What is the asking price?
The asking price for this property is $30,000.
What are key features of this property?
This property features: Vacant residential land with potential to build up to two homes, subject to local confirmation; Buyer should check with the Sheffield Township building department to confirm feasibility for 2 homes; Assumes gas, water, electric, and sanitary sewer are available; buyer must verify utility availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message