7701 Crile Rd Painesville, OH 44077
This exceptional 1.13-acre commercial land parcel presents a unique investment opportunity in Concord, Ohio. Strategically located at 7701 Crile Rd, it boasts unparalleled visibility to State Route 44 and enjoys immediate access to the new Capital Parkway Interchange, ensuring convenient access for customers and employees. The property is zoned BX - Business Interchange, allowing for a wide range of commercial development possibilities. An existing hardware building on the site is slated for demolition, clearing the way for a new construction project. This prime location offers significant advantages, situated directly adjacent to the thriving Crile Crossing shopping center. Crile Crossing features a strong tenant mix including established businesses such as Starbucks Coffee, Burgers 2 Beer, Great Clips, Pizza Roto, and Expert Nails, creating a vibrant and attractive commercial environment. The property's size and location make it ideal for a variety of commercial ventures, capitalizing on the high traffic volume and established commercial presence in the area. This is a rare opportunity to acquire a highly visible and well-located commercial land parcel in a rapidly growing area of Lake County, Ohio. The zip code is 44077. The property's coordinates are latitude 41.6610761 and longitude -81.2397502.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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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.