387 Main St Grafton, OH 44044
This exceptional 2.7-acre commercial land parcel presents a unique investment opportunity in Grafton, Ohio. Located at 387 Main Street, this property boasts 317.08 feet of frontage on North Main Street (Route 57), providing excellent visibility and accessibility. The property's Commercial zoning allows for a variety of development options, including quick-service restaurants, retail spaces, office buildings, and medical facilities. Its strategic location offers convenient access to Route 57 and proximity to Highway 20, ensuring high traffic flow and visibility. Furthermore, the site enjoys the benefit of being only 10 minutes from the interchanges of I-80 (Ohio Turnpike) and I-480, significantly enhancing its accessibility and appeal to a wide range of businesses. Grafton's location, less than 30 minutes from Cleveland and situated near the city's growing west side suburbs, adds to the property's desirability. The property is also within 20 minutes of Cleveland Hopkins International Airport. The asking price for this exceptional property is $289,000, and the APN is 1100099000335. This is a rare opportunity to acquire a well-positioned commercial land parcel with significant development potential in a thriving area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.