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    3333 Niles Cortland Rd Cortland, OH 44410

    Sponsored
    For Sale
    $695,000

    3.15-acre commercial lot, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3.15-acre commercial land parcel presents a remarkable investment opportunity in Cortland, Ohio. Strategically located at 3333 Niles Cortland Rd NE, this property boasts a highly visible corner lot position directly across from a Dunkin' Donuts, ensuring significant exposure to high traffic volume. The lot offers substantial frontage along two major roadways: 229 feet on State Route 46 and 298 feet on State Route 305, providing ample space for development. All essential public utilities are readily available, simplifying the construction process. Its convenient location places it in close proximity to a variety of amenities, including medical facilities, banking institutions, and professional offices, further enhancing its appeal and potential for a diverse range of commercial ventures. The property's size and prime location make it ideal for a variety of commercial developments, offering significant potential for return on investment. With its excellent visibility and accessibility, this property is poised for immediate development and represents a rare opportunity in the thriving Cortland market. The zip code is 44410, and the property is situated in Trumbull County.

    Property Features for 3333 Niles Cortland Rd

    General Information

    Property type
    Land
    Lot Size
    137,214 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Auto Repair Shop Hair Salon Nail Salon Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Cortland
    County
    Trumbull
    State
    Ohio
    Longitude
    -80.7318746
    Latitude
    41.3086547

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    FAQs

    What type of property is this?
    Land - 3.15-acre commercial lot, prime location.
    Where is this land located?
    The property is located at 3333 Niles Cortland Rd Cortland, OH.
    What is the asking price?
    The asking price for this property is $695,000.
    Request Owner's contact information
    3333 Niles Cortland Rd Cortland, OH 44410
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    Cortland, OH 44410
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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
    3333 Niles Cortland Rd Cortland, OH 44410
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