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    OFF-MARKET
    Land

    34600 Chester Rd Avon, OH 44011

    23 ac lot
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    AI-generated overview

    This exceptional 23-acre commercial land parcel, located at 34600 Chester Road in Avon, Ohio (Lorain County, zip code 44011), presents a unique investment opportunity. The property boasts a generous lot size of 23.16 acres (1,008,849 square feet) and is zoned C-4/M-1/O-2, allowing for a variety of business, office, and industrial uses. Its strategic location offers excellent accessibility, with a daily traffic count of 11,443 vehicles on nearby I-90. The property's 2015 taxes were $1,801 per acre ($0.04 per square foot). A Phase One environmental assessment was conducted in 2016. This expansive site is ideal for developers seeking a large-scale project in a thriving Ohio community. The asking price for this remarkable property is $5,999,000. Serious inquiries only.

    Property profile
    Verified
    Property type Land
    Lot 23 ac (1,001,880 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
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    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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