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    16206 Center St LaGrange, OH 44050

    • Land
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 16206 Center St

    Property type
    Land

    Description

    This exceptional 3-acre commercial land parcel presents a unique investment opportunity in the burgeoning North Pointe Development in LaGrange, Ohio. Located at 16206 N Center St, 44050, this strategically positioned site sits at the main entrance of the future development, ensuring high visibility and accessibility. The property offers approximately 2.5 acres for development, presenting several exciting possibilities for prospective buyers. A build-to-suit option allows for customized construction tailored to specific business needs. Alternatively, a ground lease arrangement could provide a steady stream of passive income. For developers seeking a multi-tenant retail space, the site offers ample room for a building up to 20,000 square feet. The surrounding North Pointe Development is poised for significant growth, with plans for approximately 130 single-story and multifamily residential units. Construction on the multifamily component is scheduled to commence in 2024, further enhancing the area's appeal and driving increased foot traffic and consumer demand. This prime location in Lorain County, Ohio, offers a compelling blend of immediate development potential and long-term growth prospects, making it an ideal investment for discerning buyers seeking a high-return opportunity in a thriving community. The property is zoned for commercial use and is ready for immediate development. Contact us today to learn more about this exceptional opportunity.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    LaGrange
    County
    Lorain
    State
    Ohio
    Longitude
    -82.1197
    Latitude
    41.2494

    Comparable in this City

    • Value Estimation by Request
      59.80 Acres

      Main St

      Land • 59.80 Acres
      0 Main St, LaGrange, OH 44050
      View Details
    • Value Estimation
      $330,000
      2,736 SF

      240 Glendale St

      COMMERCIAL (GENERAL) • 2,736 SF
      240 Glendale St, Lagrange, OH 44050-9675
      View Details
    • Value Estimation
      $305,000
      704 SF

      14219 State Rte 301

      COMMERCIAL (GENERAL) • 704 SF
      14219 State Rte 301, Lagrange, OH 44050-9544
      View Details
    • Value Estimation by Request
      15.00 Acres

      Rear Land Land

      VACANT COMMERCIAL LAND • 15.00 Acres
      Rear Land Land, Lagrange, OH 44050
      View Details
    • Value Estimation by Request
      1.89 Acres

      Opportunity Way

      VACANT COMMERCIAL LAND • 1.89 Acres
      Opportunity Way, Lagrange, OH 44050
      View Details
    • Value Estimation by Request
      0.10 Acres

      Pleasant St

      VACANT COMMERCIAL LAND • 0.10 Acres
      Pleasant St, Lagrange, OH 44050
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Prime Land in North Pointe

      4.18 acre site at North Pointe Development entrance.
      16206 Center St, Lagrange, OH 44050
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    • Contact for pricing

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      1.5-acre outparcel in front of IGA-anchored shopping center.
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      Waterfront Lot in Golf Community

      Premium .24-acre waterfront lot in Greyhawk golf community.
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      Waterfront Lot in Greyhawk Community

      Premium 0.24-acre waterfront lot in a golf community.
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    • $179,900
      1,784 SF

      LaGrange Business Opportunity: High Visibility Location

      Prime commercial space, updated building, high traffic area.
      111 Center St, LaGrange, OH 44050
      View Details
    • $169,900
      8.40 Acres

      LaGrange Multifamily Development Opportunity

      8.4 acre parcel zoned for multi-family homes/apartments.
      Dill Ct, Lagrange, OH 44050
      View Details
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    16206 Center St
    LaGrange, OH 44050
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    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
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