Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    Lorain Ave Lorain, OH 44055

    Sponsored
    For Sale
    Contact for pricing

    Prime 0.08-acre lot in Lorain, Ohio.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 0.08-acre land parcel presents a remarkable opportunity for investors and developers alike. Located on Lorain Avenue in Lorain, Ohio, this property boasts a convenient address within the 44055 zip code. The lot's size, 0.08 acres, offers considerable potential for various uses, subject to local zoning regulations. The property's location in Lorain County, Ohio, provides access to a range of amenities and infrastructure. The asking price is an attractive $5,000, making this an exceptionally affordable entry point into the Lorain real estate market. With its strategic location and competitive price, this land parcel represents a compelling investment opportunity. The APN is 0300101123006. Further due diligence is recommended to confirm zoning and potential development options. This property is being sold "as is." Interested parties are encouraged to conduct their own independent investigations to verify all aspects of the property and its suitability for their intended purpose. This is a rare opportunity to acquire a piece of land in a desirable location at an exceptional price. Don't miss out on this chance to secure your future investment.

    Property Features for 0 Lorain Ave

    General Information

    Property type
    Land
    Lot Size
    3,485 SF

    HighLights

    • 0.08‑acre lot in Lorain, OH (44055).
    • APN: 0300101123006.
    • Asking price: $5,000.
    • Located on Lorain Avenue.
    • Sold "as is"; buyer to conduct due diligence.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lorain
    County
    Lorain
    State
    Ohio
    Longitude
    -82.138734
    Latitude
    41.433418

    Nearby Similar for Sale

    • $275,000
      2,224 SF

      Renovated Brick Duplex in Lorain

      Updated duplex with new systems, modern finishes, and rental potential.
      2400 Oberlin Ave, Lorain, OH 44052
      View Details
    • $375,000
      1.21 Acres

      Turnkey Medical Office, Lorain, OH

      5,400 sq ft commercial building on 1.2-acre lot in Lorain.
      4520 Oberlin Ave, Lorain, OH 44053
      View Details
    • $99,900
      Pending

      Cash-Flowing Duplex Investment Opportunity

      Fully occupied Lorain duplex with long-term tenants and positive cashflow.
      1350 E Erie Ave, Lorain, OH 44052
      View Details
    • $125,000
      1,972 SF

      Lorain Multifamily Renovation Opportunity

      Duplex with value-add potential, ideal for renovation and equity capture.
      2346 Livingston Ave, Lorain, OH 44052
      View Details
    • $259,900
      3,804 SF

      Lorain Multifamily Investment Opportunity

      Multifamily property in Lorain, OH with long-term tenants.
      1310 Lindenwood Dr, Lorain, OH 44053
      View Details
    • $40,000
      0.17 Acres

      Lorain Duplex Awaiting Renovation

      Spacious duplex near schools and downtown, ideal for investors.
      545 W 14Th St, Lorain, OH 44052
      View Details
    • $98,900
      0.20 Acres

      Freestanding Building with Office Spaces

      Freestanding building with two office spaces and parking lot.
      5363 Oberlin Ave, Lorain, OH 44053
      View Details
    • $125,000
      0.04 Acres

      Retail Building in High-Traffic Location

      Prime retail opportunity in Lorain, Ohio with high visibility.
      3346 Oberlin Ave, Lorain, OH 44053
      View Details
    • $799,900
      6.00 Acres

      Retail Building on Six Acres

      Well-maintained retail building with expansion potential on six acres.
      420 N Ridge Rd W, Lorain, OH 44053
      View Details
    • $500,000
      0.33 Acres

      Established Grocery Store Opportunity

      Profitable grocery store with real estate, equipment, and licenses included.
      2957 Pearl Ave, Lorain, OH 44055
      View Details
    • New
      $159,900
      2,688 SF

      Turnkey Duplex Investment Opportunity

      Well-maintained duplex in Lorain, generating $1,700 monthly income.
      2323/2325 Homewood Dr, Lorain, OH 44055
      View Details
    • $140,000
      0.15 Acres

      Lorain Mixed-Use Landmark Building

      Mixed-use building with retail and residential income potential.
      1605 Broadway, Lorain, OH 44052
      View Details

    FAQs

    What type of property is this?
    Land - Prime 0.08-acre lot in Lorain, Ohio.
    Where is this land located?
    The property is located at Lorain Ave Lorain, OH.
    What is the asking price?
    The asking price for this property is $5,000.
    What are key features of this property?
    This property features: 0.08-acre lot in Lorain, OH (44055).; APN: 0300101123006.; Asking price: $5,000.
    Request Owner's contact information
    Lorain Ave Lorain, OH 44055
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Lorain Ave
    Lorain, OH 44055
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Lorain Ave Lorain, OH 44055
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.