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    1500 Nagel Rd Avon, OH 44011

    For Sale
    Contact for pricing

    High-traffic location, prime redevelopment opportunity.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 1-5 acre development site in Avon, Ohio, presents a remarkable redevelopment opportunity. Located at 1500 Nagel Rd, this property boasts a C-4/O-2 General Business/Planned Office Research Park Overlay zoning. The expansive lot, measuring 589' x 375', enjoys exceptional visibility and accessibility with high traffic counts of 23,705 vehicles per day at the Chester Road and Nagel Road intersection. Its strategic location offers unparalleled proximity to major retailers, including Meijer, Menards, Cabela's, and more, ensuring significant consumer traffic. The area also features a diverse range of established restaurants, further enhancing its appeal. This site benefits from its convenient location, just one highway exit from Crocker Park, a premier lifestyle center. The surrounding area demonstrates strong demographics, with a robust daytime population of 99,312 within a 10-minute drive and an affluent community boasting an average household income of $146,851 within the same radius. This property is ideal for hospitality, land, mixed-use, or retail development, including gas stations and QSR/fast-food establishments. The site's high visibility, strong demographics, and proximity to major retail and dining destinations make it an exceptional investment opportunity.

    Property Features for 1500 Nagel Rd

    General Information

    Property type
    Restaurants
    Lot Size
    43,560 SF

    HighLights

    • 1‑5 acre development site in Avon, Ohio, with C‑4/O‑2 zoning.
    • 589' x 375' lot at 1500 Nagel Rd, high visibility, 23,705 VPD at intersection.
    • Exceptional location near Meijer, Menards, Cabela's, restaurants, and one exit from Crocker Park.
    • Strong demographics: 99,312 daytime population and $146,851 average household income within 10 minutes.
    • Ideal for hospitality, mixed‑use, retail (including gas stations and QSR), or land development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Gas stations

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Avon
    County
    Lorain
    State
    Ohio
    Longitude
    -81.988907401435
    Latitude
    41.467515323836

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    FAQs

    What type of property is this?
    Restaurant - High-traffic location, prime redevelopment opportunity.
    Where is this restaurant located?
    The property is located at 1500 Nagel Rd Avon, OH.
    What are key features of this property?
    This property features: 1-5 acre development site in Avon, Ohio, with C-4/O-2 zoning.; 589' x 375' lot at 1500 Nagel Rd, high visibility, 23,705 VPD at intersection.; Exceptional location near Meijer, Menards, Cabela's, restaurants, and one exit from Crocker Park.
    Request Owner's contact information
    1500 Nagel Rd Avon, OH 44011
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    Avon, OH 44011
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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
    1500 Nagel Rd Avon, OH 44011
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