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    1813 Nagel Rd Avon, OH 44011

    Sponsored
    For Lease
    Contact for pricing

    Prime 1+ acre outparcel; high-growth area.

    Lot size:
    56,192 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.29-acre commercial land parcel presents a unique investment opportunity in Avon, Ohio's rapidly expanding retail sector. Situated in Lorain County, this single-tenant property boasts a prime location at the I-90 and Nagel Road exit, a burgeoning retail corridor experiencing significant growth. The site is zoned for commercial use and is ideally suited for a variety of retail developments. Its strategic placement directly across from a recently opened Meijer store ensures high visibility and convenient access for potential customers. Avon's status as the fastest-growing suburb along the I-90 corridor further underscores the exceptional potential of this land. The property is offered as a ground lease, providing a flexible and attractive option for developers seeking to capitalize on the area's robust economic expansion. This is a rare chance to secure a prominent location in a thriving market, poised for continued success and significant return on investment. The 1.29-acre lot size offers ample space for a substantial retail development, catering to the growing needs of the community. This property represents a compelling opportunity for investors seeking exposure to a dynamic and high-demand retail market.

    Property Features for 1813 Nagel Rd

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    56,192 SF

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    56,192 SF

    HighLights

    • Prime 1.29‑acre outparcel available for ground lease.
    • Located in Avon, Ohio's fastest‑growing I‑90 corridor suburb.
    • Exceptional retail location at the I‑90 and Nagel Road interchange.
    • Across from a newly opened Meijer.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mercy Health - Avon ... Medical Clinic Artnetta Vines-Re/Max Crossroads ... Real Estate Consultant Dr. Jose E. ... Internist RE/MAX Crossroads Avon Real Estate Agency Patel Dhruv MD Neurologist

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Avon
    County
    Lorain
    State
    Ohio
    Longitude
    -81.9878247
    Latitude
    41.4603742

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    FAQs

    What type of property is this?
    Land - Prime 1+ acre outparcel; high-growth area.
    Where is this land located?
    The property is located at 1813 Nagel Rd Avon, OH.
    What are key features of this property?
    This property features: Prime 1.29-acre outparcel available for ground lease.; Located in Avon, Ohio's fastest-growing I-90 corridor suburb.; Exceptional retail location at the I-90 and Nagel Road interchange.
    Request Owner's contact information
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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
    1813 Nagel Rd Avon, OH 44011
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