Property summary
This exceptional 18.09-acre commercial land parcel, located at 2200 W River Rd N, Elyria, OH 44035, presents a unique investment opportunity. Zoned General Business (BG), this property boasts 1902 linear feet of frontage, with approximately two-thirds featuring four lanes, creating outstanding out-lot potential. The site benefits from convenient access to five freeways, further enhanced by proximity to the Ohio Turnpike. Situated in the heart of Lorain County, this location is surrounded by… a thriving population center of 312,964, with the two largest cities, Lorain and Elyria, conveniently located nearby. The area demonstrates strong occupancy rates, with seven office buildings surrounding the site exhibiting less than 0.1% vacancy, and an eighth located adjacent. A three-star-rated childcare facility is conveniently located next door. A portion of the property is zoned for a gas station, and rezoning is possible to accommodate various development plans. A Phase I environmental assessment has already been completed. The property also includes an 8,235 square foot expandable brick office building, which, after rehabilitation, is projected to lease at $15 per square foot. The absence of freestanding drug stores, dialysis centers, and urgent care facilities in the area presents a significant opportunity for new development. Tax incentives may be available, reflecting the city and county's proactive approach to economic development. The property is identified by APN numbers -050, -054, -055, -056, and -057, and is currently owned by 441 Griswold LLC. The asking price is $4,380,000, translating to $242,123 per acre.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 15 properties nearbyComparable nearby
Similar Nearby for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
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- Lot area
- 18.09 ac
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
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- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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