Willoughby Commercial Development
For Sale
$750,000
V/L Lost Nation Road, Willoughby, OH 44094
COMMERCIAL - Willoughby, OH
Lot Size7.72 Acres
Days on Market500
Property Features for V/L Lost Nation Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Subdivision
Tam-A-Rac Sub 4
Elementary school district
Willoughby-Eastlake - 4309
Middle school district
Willoughby-Eastlake - 4309
High school district
Willoughby-Eastlake - 4309
Directions
Rt. 2 to Lost Nation North. Across from the Airport
Standard status
Active
APN
27-B-053-D-00-007-0
Lot size
7.72 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
LOT 1 & 7 DOUGLASS TRACT
Tax Annual Amount
3986
Legal Description
LOT 1 & 7 DOUGLASS TRACT
Utilities
Heating system
Natural Gas
Listing Agency:
McDowell Homes Real Estate Services
(440) 205-2000
Listed By:
Jerry A Lesak · License #2003005234
(440) 487-2157
Added: Mar 20, 2025
Changed: Jun 9
Last Checked: Aug 1 at 1:06AM
MLS# 5108128
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Investment Insights
Based on property information with market context.
This 7.72-acre commercial land is a development site suitable for retail, office, business, warehouse, and multiple other uses. It is a corner lot with a major traffic count, located across from Lost Nation Airport in Willoughby, OH. The city is planning a circle interchange on Lost Nation Road to encourage more development and opportunities in the area. The airport is expected to grow, with clients moving from Burke Lake to Willoughby. Osborne Park along the Lake is being developed, and the shoreline is being stabilized. An amphitheater is being added to the park, which already includes a pool, playground, and sports fields. Tax abatement may be possible.
Key Highlights
- High‑traffic corner lot - suitable for retail, office, business, or warehouse development.
- Located across from the expanding Lost Nation Airport, attracting new clients.
- City is investing in infrastructure with a new Circle interchange on Lost Nation Rd.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
17
Businesses Nearby
Explore this area
Business Placement
Demographics for 44094, OH
37,634
Population
18,323
Households
2.1
Avg Household Size
46
Median Age
39%
College-Educated
95%
High-School Grad
39.7 sq mi
ZIP Area
948
Density / Sq Mi
$76,125
Median Household Income
$49,393
Median Earnings
$1,155
Median Rent
$247,600
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - 7.72 acre corner lot suitable for multiple commercial uses.
Where is this commercial land located?
The property is located at V/L Lost Nation Road Willoughby, OH.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: High‑traffic corner lot - suitable for retail, office, business, or warehouse development.; Located across from the expanding Lost Nation Airport, attracting new clients.; City is investing in infrastructure with a new Circle interchange on Lost Nation Rd.
