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    2 Cor Of Baumhart Rd And Rte Vermilion, OH 44089

    For Sale
    Contact for pricing

    119.6 Acres, Prime Ohio Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 119.6-acre parcel presents a rare industrial development opportunity in Vermilion, Ohio. Strategically located at the corner of Baumhart Road and Route 2, this property boasts immediate access to major transportation arteries. Its proximity to the Ohio Turnpike (I-80/I-90), just three miles away, ensures seamless connectivity for logistics and distribution. The site is zoned for industrial use, permitting a wide range of development possibilities. With build-to-suit potential of up to one million square feet, this expansive land offers significant scalability for large-scale projects. The property's location in Lorain County, Ohio, and its 44089 zip code, further enhances its appeal for businesses seeking a strategic foothold in a thriving region. The potential for a rail spur adds another layer of logistical advantage, making this a truly exceptional opportunity for industrial development. This is a blank canvas for a significant industrial undertaking, offering unparalleled access and potential for growth. Detailed site plans and zoning information are readily available upon request. Don't miss this chance to secure a prime piece of industrial real estate in a highly desirable location.

    Property Features for 2 Cor Of Baumhart Rd And Rte

    General Information

    Property type
    Land
    Lot Size
    5,209,776 SF

    HighLights

    • 119.6‑acre industrial land parcel in Vermilion, Ohio.
    • Build‑to‑suit potential up to 1 million square feet.
    • Industrial zoning.
    • Excellent access to Route 2 and the Ohio Turnpike (I‑80/I‑90) – 3 miles to the Turnpike.
    • Potential rail spur access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Vermilion
    County
    Lorain
    State
    Ohio
    Longitude
    -82.284983
    Latitude
    41.404906

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    FAQs

    What type of property is this?
    Land - 119.6 Acres, Prime Ohio Location
    Where is this land located?
    The property is located at 2 Cor Of Baumhart Rd And Rte Vermilion, OH.
    What are key features of this property?
    This property features: 119.6-acre industrial land parcel in Vermilion, Ohio.; Build-to-suit potential up to 1 million square feet.; Industrial zoning.
    Request Owner's contact information
    2 Cor Of Baumhart Rd And Rte Vermilion, OH 44089
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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
    2 Cor Of Baumhart Rd And Rte Vermilion, OH 44089
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