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Painesville Vacant Land For Sale
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Richmond St, Painesville, OH

11.3 acre industrial and residential land with utilities.

Property SizeContact for details
Lot Size11.13 Acres
Days on Market419

Property Features for Richmond St

General Information

Standard status Active
Lot size 11.13 Acres
Property subtype LAND
Listing Agency: Global Real Estate Advisors
Listed By: Neil Sawicki, SIOR, Broker
Source: Moodyscre
Added: Jun 13, 2025 Changed: Jul 6 Last Checked: Jul 21 at 4:31AM

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 Global Real Estate Advisors

Investment Insights

Based on property information with market context.

This 11.3± acre vacant land is zoned M-2, Industrial and R-1, Residential. All utilities are available at the site. The property is fenced and secured, offering visibility from State Route 2, with easy access to State Route 2, State Route 44 and Interstate 90. Rail access is possible via Grand River Railway. The site features over 1,050 feet of frontage on State Route 2. Conditional uses for the site include cell towers, self-storage facilities, and heavy manufacturing. Permitted uses include wholesale businesses, manufacturing or chemical processing, contractor shops with storage yards, warehouse distribution centers, truck terminals, and kennels and animal boarding. Traffic counts show 41,280 average daily traffic volume on State Route 2 and 14,060 on Richmond Street. Tax incentives are available. The property is situated in Painesville City, Lake County, Ohio, the Lake County Seat, and benefits from a business-friendly building administration within the city.

Key Highlights

  • Excellent Location: Easy access to State Route 2, State Route 44, and Interstate 90, with high visibility and over 1,050 feet of frontage on State Route 2.
  • Flexible Zoning: Zoned M‑2 (Industrial) and R‑1 (Residential), allowing for a wide range of permitted and conditional uses.
  • All Utilities Available: All utilities are already at the site, simplifying development.

Property Analytics

Current Use

Industrial land

Location Intelligence

Trade Area within ½ mile

152
Businesses Nearby

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Land - 11.3 acre industrial and residential land with utilities.
Where is this land located?
The property is located at Richmond St Painesville, OH.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Excellent Location: Easy access to State Route 2, State Route 44, and Interstate 90, with high visibility and over 1,050 feet of frontage on State Route 2.; Flexible Zoning: Zoned M‑2 (Industrial) and R‑1 (Residential), allowing for a wide range of permitted and conditional uses.; All Utilities Available: All utilities are already at the site, simplifying development.
(440) 339-8585 Call to check price and availability
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