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    Vl Northfield Rd Northfield, OH 44067

    For Sale
    $319,000

    Prime Ohio location, high-traffic area.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 0.089-acre commercial land parcel presents a unique investment opportunity in the thriving Northfield, Ohio market. Situated on Northfield Road, between Filly Lane and James Place (Route 8), this property enjoys unparalleled visibility and accessibility, boasting a highly desirable location directly across from the MGM Northfield Park Casino. The strategic placement ensures high traffic volume and significant exposure to a large potential customer base. Ideal for a variety of commercial ventures, this lot offers immense potential for investors, small businesses, builders, and restaurant owners seeking a prime location with exceptional growth prospects. The absence of existing structures allows for complete design flexibility, enabling the development of a custom-built facility tailored to specific business needs. With its convenient access to major roadways and proximity to a significant entertainment destination, this property represents a rare chance to establish a thriving business in a high-demand area. The asking price is $319,000. The property is zoned for commercial use. This is a 0 square foot lot. The address is Vl Northfield Road, Northfield, OH 44067, Summit County.

    Property Features for 0 Vl Northfield Rd

    General Information

    Property type
    Land
    Lot Size
    3,877 SF

    HighLights

    • $319,000 asking price.
    • 0.089‑acre commercial land parcel.
    • Located in Northfield, Ohio, zip code 44067.
    • Situated on Northfield Road, between Filly Lane and James Place (Route 8).
    • Excellent investment opportunity for various uses, including restaurants, due to proximity to MGM Northfield Park.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Northfield
    County
    Summit
    State
    Ohio
    Longitude
    -81.530675
    Latitude
    41.3370677

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    FAQs

    What type of property is this?
    Land - Prime Ohio location, high-traffic area.
    Where is this land located?
    The property is located at Vl Northfield Rd Northfield, OH.
    What is the asking price?
    The asking price for this property is $319,000.
    What are key features of this property?
    This property features: $319,000 asking price.; 0.089-acre commercial land parcel.; Located in Northfield, Ohio, zip code 44067.
    Request Owner's contact information
    Vl Northfield Rd Northfield, OH 44067
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    Northfield, OH 44067
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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
    Vl Northfield Rd Northfield, OH 44067
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