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    V/L Broadway Lorain Lorain, OH 44052

    • Land
    • 0.11 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 V/L Broadway Lorain

    Lot size
    0.11 lot acres
    Property type
    Land

    Description

    This exceptional 0.11-acre commercial land parcel in Lorain, Ohio, presents a compelling investment opportunity. Located in Lorain County, zip code 44052, this property boasts a prime location near shopping and the downtown area, offering excellent visibility and accessibility. Currently generating income via a billboard lease (under contract) and providing parking for a nearby business, this land offers immediate return on investment. The paved or surfaced parking area adds further value. The property's "other" style designation suggests flexibility for various commercial uses. This corner lot presents significant potential for future development and growth, making it an ideal addition to any income-producing portfolio. The asking price is $79,900. Don't miss this rare combination of price and location. Act quickly to secure this promising investment. The property is classified as commercial land.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lorain
    County
    Lorain
    State
    Ohio
    Longitude
    -82.1648
    Latitude
    41.4443

    Comparable in this City

    • Value Estimation by Request
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      2.57 Acres

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      0.15 Acres

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      0.47 Acres

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      5.63 Acres

      2700 Colorado Ave

      Land • 5.63 Acres
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    • Value Estimation by Request
      16.10 Acres

      1641 Root Rd

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    Similar Nearby for Sale

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      2.57 Acres

      Colorado and Fillmore Ave

      Land • 2.57 Acres
      0 Colorado Ave, Lorain, OH 44052
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    • Contact for pricing
      2.57 Acres

      Lorain, OH Commercial Land

      8.36 Acres, Prime Retail Location
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    • $79,900
      0.47 Acres

      Prime Lorain Land - $79,900

      0.466-acre corner lot, high growth potential.
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    • $295,000

      6.83 Acres For Sale

      6.83 acres of land with light industrial zoning.
      Colorado Ave, Lorain, OH 44052
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    • Contact for pricing

      Land Near Lake Erie

      Land for sale near Lake Erie and boat ramp.
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      0.34 Acres

      Lorain, OH Land Available

      Land for sale in Lorain, Ohio.
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      View Details

    Similar Nearby for Lease

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      Handicap Accessible Ranch Duplex

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      4,000 SF

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      10,500 SF

      Broadway Ave Retail Space

      Lorain, OH: 3,500 SF Available
      4925 Broadway, Lorain, OH 44052
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    Lorain, OH 44052
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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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