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Property profile & analytics
OFF-MARKET
Commercial land

8152 Lewis Rd Olmsted Falls, OH 44138-2058

1,826 SF 2.5 ac lot Built 1928
Entity Owned 7-yr Hold Free & Clear
Property ID
US66-1883240
Property summary
AI-generated overview

This exceptional 2.5-acre commercial land parcel presents a unique opportunity for development in Olmsted Falls, Ohio. Located at 8152 Lewis Rd, zip code 44138, this single-tenant property is zoned P-2, offering considerable flexibility for a variety of commercial uses. The expansive lot size provides ample space for construction, ensuring ample room for building and potential future expansion. The property's address is easily accessible, boasting excellent visibility and convenient access to major transportation routes. This is an ideal location for businesses seeking a prominent presence in a thriving community. With its strategic location and generous acreage, this property is poised for significant growth and return on investment. The absence of existing structures allows for complete design customization, tailored to the specific needs of the future tenant or owner. Serious inquiries are encouraged to explore the potential of this remarkable commercial land opportunity. The property is currently available for lease. Detailed zoning information and site plans are available upon request. Don't miss this chance to secure a prime piece of commercial real estate in Olmsted Falls.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1928
Total area 1,826 SF
Lot 2.5 ac (108,974 SF)
Zoning code P-1
APN 281-23-015
UPID US66-1883240
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Rini Realty Co · 7 yrs held
Rini Realty Co
since 2018
4 recorded transactions
2018
$175,000
2007
Price N/A
2006
$365,000
1969
Price N/A
Zoning & alternative use
P-1 · Olmsted Falls, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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