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Prime Retail Land Opportunity
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Colorado Ave, Lorain, OH 44052

8.36 acres available for sale or ground lease.

Property SizeContact for details
Lot Size8.36 Acres
Days on Market1623

Property Features for Colorado Ave

General Information

Standard status Active
Lot size 8.36 Acres
Property subtype Hospitality, Land, Mixed Use, Retail, Self Storage
Zoning B-2 (General Commercial)
Listing Agency: REAT Commercial (Pads Real Estate LLC)
Listed By: Victor Kirallah · License #SAL.2019000850
Source: Crexi
Added: Mar 14, 2022 Changed: Aug 8 Last Checked: Aug 21 at 12:48PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of REAT Commercial (Pads Real Estate LLC)

Investment Insights

Based on property information with market context.

This 8.36-acre property is available for build-to-suit, ground lease, or sale. It is located in the future retail corridor of Lorain, Ohio, approximately half a mile from the future McCrone Motorsports complex, which will encompass over 200 acres with race, competition, and dirt tracks. Neighboring businesses include McDonald's, Wendy's, Discount Drug Mart, Dollar Tree, Marco's Pizza, Dollar General, Horizon Education Centers, Sunoco, Metro PCS, Pizza Hut, Valero, and Biggby Coffee. Nearby large employers include VERTIV, Emerson Manufacturing, CamacoManufacturing, and the future McCrone Motorsports. The property consists of two parcels: Parcel A with 2.57 acres and Parcel B with 5.79 acres.

Key Highlights

  • 8.36 acres available for Build‑to‑Suit, Ground Lease, or Sale.
  • Located in the future prominent retail corridor of Lorain, Ohio.
  • Approximately 1/2‑mile from the future McCrone Motorsports (200+ acres).

Property Analytics

Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

539
Businesses Nearby

Demographics for 44052, OH

29,249
Population
13,673
Households
2.1
Avg Household Size
37
Median Age
12%
College-Educated
83%
High-School Grad
9.5 sq mi
ZIP Area
3,079
Density / Sq Mi
$42,298
Median Household Income
$31,985
Median Earnings
$840
Median Rent
$104,000
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - 8.36 acres available for sale or ground lease.
Where is this commercial land located?
The property is located at Colorado Ave Lorain, OH.
What is the asking price?
The asking price for this property is $960,000.
What are key features of this property?
This property features: 8.36 acres available for Build‑to‑Suit, Ground Lease, or Sale.; Located in the future prominent retail corridor of Lorain, Ohio.; Approximately 1/2‑mile from the future McCrone Motorsports (200+ acres).
(216) 545-1004 Call to check price and availability
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