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    31960 Krebs Rd Avon Lake, OH 44012

    Sponsored
    For Sale
    $759,000

    9.35 Acres, $759,000 - Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 9.35-acre development site presents a unique investment opportunity in Avon Lake, Ohio. Located at 31960 Krebs Rd, with APN 400029110075, this expansive parcel is zoned for a variety of uses, making it highly versatile for developers. Its prime location offers convenient access to the Lear Nagel-Interstate 90 interchange, ensuring excellent visibility and accessibility. The asking price for this substantial land parcel is $759,000. Potential development options include, but are not limited to, assisted living or nursing home facilities, daycare centers or schools, funeral homes, and single-family residential projects. The property's size and zoning flexibility provide significant potential for a range of profitable ventures. Situated in Lorain County, Ohio, with a 44012 zip code, this property is ideally positioned to capitalize on the area's growth and demand. This is a rare opportunity to acquire a large, strategically located development site in a thriving community. Detailed site plans and zoning information are available upon request. Don't miss this chance to secure a prime piece of land with significant development potential.

    Property Features for 31960 Krebs Rd

    General Information

    Property type
    Land
    Lot Size
    407,286 SF

    HighLights

    • 9.35‑acre development site in Avon Lake, OH.
    • Located at 31960 Krebs Rd, APN 400029110075.
    • Zoned for multiple uses, including residential, commercial, and institutional.
    • Excellent access to I‑90 via Lear Nagel interchange.
    • Asking price: $759,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Avon Lake
    County
    Lorain
    State
    Ohio
    Longitude
    -81.98562814516
    Latitude
    41.478299359853

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    FAQs

    What type of property is this?
    Land - 9.35 Acres, $759,000 - Prime Location
    Where is this land located?
    The property is located at 31960 Krebs Rd Avon Lake, OH.
    What is the asking price?
    The asking price for this property is $759,000.
    What are key features of this property?
    This property features: 9.35-acre development site in Avon Lake, OH.; Located at 31960 Krebs Rd, APN 400029110075.; Zoned for multiple uses, including residential, commercial, and institutional.
    (216) 381-8200
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    31960 Krebs Rd Avon Lake, OH 44012
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    Avon Lake, OH 44012
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    31960 Krebs Rd Avon Lake, OH 44012
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