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    4850 Detroit Rd Sheffield, OH 44035

    Sponsored
    For Sale
    Contact for pricing

    Prime Commercial Land - I-90 Access

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 44-acre commercial land parcel presents a unique development opportunity in the rapidly growing Sheffield, Ohio area. Conveniently located just off the I-90/Detroit Road exit, this property boasts a highly desirable C-3, General/Commercial zoning designation, maximizing its potential for a wide range of commercial uses. The expansive lot includes four separate APNs: 622006103030, 622006103016, 622006103031, 300074104053, 300074104052, and 300073000062. Adding to its versatility, the property also encompasses a small existing retail building and a house, offering immediate income potential or redevelopment options. Situated at 4850 Detroit Rd, Sheffield, OH 44035 (41.4203247, -82.0908625), this location provides unparalleled access to major transportation arteries, ensuring high visibility and convenient access for businesses and customers. This is an exceptional opportunity for developers and investors seeking a substantial land holding in a thriving market. The property's size and zoning make it suitable for a variety of commercial projects, from large-scale retail developments to industrial facilities. Don't miss this chance to acquire a significant piece of prime commercial real estate in a rapidly expanding area.

    Property Features for 4850 Detroit Rd

    General Information

    Property type
    Land
    Lot Size
    1,916,640 SF

    HighLights

    • Rare development opportunity near I‑90/Detroit Road exit.
    • C‑3 zoned, ±43.99‑acre site with existing retail building and house.
    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
    Sheffield
    County
    Lorain
    State
    Ohio
    Longitude
    -82.0908625
    Latitude
    41.4203247

    Nearby Comparable

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      High-Yield Sheetz NNN Investment

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    Nearby Similar for Sale

    • $4,661,217
      5,000 SF

      High-Yield Sheetz NNN Investment

      Ohio Convenience Store - Strong ROI
      5295 Detroit Rd, Sheffield, OH 44054
      View Details
    • $2,519,762
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      Sheffield Lake Office Building Investment

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      View Details

    FAQs

    What type of property is this?
    Land - Prime Commercial Land - I-90 Access
    Where is this land located?
    The property is located at 4850 Detroit Rd Sheffield, OH.
    What are key features of this property?
    This property features: Rare development opportunity near I-90/Detroit Road exit.; C-3 zoned, ±43.99-acre site with existing retail building and house.;
    (216) 363-6435
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    4850 Detroit Rd Sheffield, OH 44035
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    Sheffield, OH 44035
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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
    4850 Detroit Rd Sheffield, OH 44035
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