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Prime Commercial Corner Lot
For Sale
$35,000

V/L N Ridge Road E, Lorain, OH 44055

0.40-acre commercial lot in Lorain, OH, with versatile zoning.

Property SizeContact for details
Lot Size0.40 Acres
Days on Market575

Property Features for V/L N Ridge Road E

General Information

Standard status Active
Lot size 0.40 Acres
Property subtype Land

Taxes and HOA fees

Annual Taxes $996
Listing Agency: RE/MAX TRANSITIONS
Listed By: Majdey Taye
Source: Exprealty
Added: Jan 25, 2025 Changed: Aug 20 Last Checked: Aug 22 at 9:15AM

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 RE/MAX TRANSITIONS

Investment Insights

Based on property information with market context.

Located in Lorain, Ohio, this 0.40-acre corner lot presents a commercial opportunity. The property is situated at the intersection of North Ridge Road and Louis Avenue in Sheffield Township. Zoned for commercial use, the parcel is part of the Clearview Local School District in the Rolling Heights Allotment. The cleared and level lot features 93 feet of frontage and a depth of 188 feet. The property benefits from city street frontage, ensuring visibility for commercial enterprises. There are no restrictions on the property, offering flexibility for development. As of 2022, the property taxes were $996. The absence of current improvements allows for customized construction plans, suitable for a retail space, office building, or other commercial endeavor.

Key Highlights

  • Prime corner lot location at a high‑visibility intersection (North Ridge Road and Louis Avenue) in Sheffield Township, offering excellent exposure.
  • Versatile commercial zoning with no restrictions, providing flexibility for various development plans.
  • Cleared and level 0.40‑acre lot with favorable dimensions (93 ft frontage, 188 ft depth), ready for immediate construction.

Property Analytics

Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

103
Businesses Nearby

Demographics for 44055, OH

19,331
Population
9,258
Households
2.1
Avg Household Size
36
Median Age
10%
College-Educated
82%
High-School Grad
6.3 sq mi
ZIP Area
3,068
Density / Sq Mi
$36,603
Median Household Income
$30,631
Median Earnings
$848
Median Rent
$95,700
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - 0.40-acre commercial lot in Lorain, OH, with versatile zoning.
Where is this commercial land located?
The property is located at V/L N Ridge Road E Lorain, OH.
What is the asking price?
The asking price for this property is $35,000.
What are key features of this property?
This property features: Prime corner lot location at a high‑visibility intersection (North Ridge Road and Louis Avenue) in Sheffield Township, offering excellent exposure.; Versatile commercial zoning with no restrictions, providing flexibility for various development plans.; Cleared and level 0.40‑acre lot with favorable dimensions (93 ft frontage, 188 ft depth), ready for immediate construction.
More about this property
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