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    300 Leavitt Rd Amherst, OH 44001

    Sponsored
    For Sale
    Contact for pricing

    Prime Redevelopment Opportunity, High Traffic Area

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2-acre commercial land parcel presents a unique redevelopment opportunity in a high-traffic location. Situated at 300 N Leavitt Rd in South Amherst, Ohio (zip code 44001), this property boasts convenient access and visibility. The land is ideally positioned between N Ridge Road and Route 2, ensuring significant exposure to a large volume of daily traffic. Its adjacency to a Discount Drug Mart further enhances its commercial appeal and potential for attracting customers. The property's 1999 construction date indicates a relatively recent development history, although the listing pertains to the land itself, not any existing structures. This prime location offers significant potential for a variety of commercial ventures, capitalizing on the high traffic count and established retail presence in the immediate vicinity. The 2-acre lot size provides ample space for a substantial development project. Lorain County's thriving economy and strategic location make this a compelling investment opportunity for developers seeking a high-visibility site with strong potential for return. The coordinates for this property are 41.4086958 latitude and -82.2105284 longitude. Serious inquiries are encouraged.

    Property Features for 300 Leavitt Rd

    General Information

    Property type
    Land
    Lot Size
    87,120 SF

    HighLights

    • Available 2‑acre land parcel for redevelopment.
    • 1999 construction (land only).
    • Adjacent to Discount Drug Mart.
    • Located between N Ridge Road and Route 2, high traffic area.
    • High‑traffic location with excellent visibility.
    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 Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Amherst
    County
    Lorain
    State
    Ohio
    Longitude
    -82.2105284
    Latitude
    41.4086958

    Nearby Comparable

    • Contact for pricing

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      Commercial Land with Highway Visibility

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      Amherst, OH Land Parcel

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      Improved Divisible Acres For Sale

      15 acres of improved land with owner financing.
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    Nearby Similar for Sale

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      Amherst, OH Land Parcel

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      Amherst Commercial Property - Great Potential

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    FAQs

    What type of property is this?
    Land - Prime Redevelopment Opportunity, High Traffic Area
    Where is this land located?
    The property is located at 300 Leavitt Rd Amherst, OH.
    What are key features of this property?
    This property features: Available 2-acre land parcel for redevelopment.; 1999 construction (land only).; Adjacent to Discount Drug Mart.
    (216) 496-3777
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    300 Leavitt Rd Amherst, OH 44001
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    Amherst, OH 44001
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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
    300 Leavitt Rd Amherst, OH 44001
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