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    601 Aurora Rd Aurora, OH 44202

    Sponsored
    For Sale
    Contact for pricing

    Prime Aurora location, mixed-use potential, high traffic.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 50-acre property at 601 N. Aurora Rd, Aurora, OH 44202 presents a unique investment opportunity. The site comprises approximately 13.3 acres of commercially zoned land and 12.2 acres zoned for multifamily development, allowing for up to 104 residential units. This represents the final phase of the Hawthorn of Aurora Planned Unit Development, strategically located on the west side of N. Aurora Road, directly across from the prestigious Barrington Country Club and Bertram Inn & Conference Center. The property benefits from its high visibility and accessibility, boasting a daily traffic count of 15,590 vehicles along N. Aurora Road. Its proximity to a wide range of retail amenities and Aurora's highly-rated school system (ranked among Ohio's top 10) further enhances its appeal. The average household income within a 5-mile radius is $107,000, indicating a strong potential market. This site offers flexible uses, making it ideal for a mixed-use development, and is serviced by all city utilities. This is a rare opportunity to acquire a large parcel of land in a desirable location with significant development potential.

    Property Features for 601 Aurora Rd

    General Information

    Property type
    Land
    Lot Size
    2,178,000 SF

    HighLights

    • High‑profile location directly across from the Bertram Inn & Conference Center.
    • Versatile zoning allows for multiple uses.
    • Abundant nearby retail amenities.
    • High traffic counts on N Aurora Road (15,590 vehicles daily).
    • Located within the highly‑rated Aurora City School District (Top 10 in Ohio).
    • Strong demographics: $107,000 average household income within a 5‑mile radius.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Clothing Store Building Supply Gym & Fitness Auto Repair Shop Pharmacy Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Aurora
    County
    Portage
    State
    Ohio
    Longitude
    -81.3654316
    Latitude
    41.3368896

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    FAQs

    What type of property is this?
    Land - Prime Aurora location, mixed-use potential, high traffic.
    Where is this land located?
    The property is located at 601 Aurora Rd Aurora, OH.
    What are key features of this property?
    This property features: High-profile location directly across from the Bertram Inn & Conference Center.; Versatile zoning allows for multiple uses.; Abundant nearby retail amenities.
    (888) 236-1435
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    601 Aurora Rd Aurora, OH 44202
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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
    601 Aurora Rd Aurora, OH 44202
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