Technical
Financial
Distress signals
Property profile

601 Aurora Rd Aurora, OH 44202

OFF-MARKET
Land
50 ac lot
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Property summary

AI-generated overview

This exceptional 50-acre property at 601 N. Aurora Rd, Aurora, OH 44202 presents a unique investment opportunity. The site comprises approximately 13.3 acres of commercially zoned land and 12.2 acres zoned for multifamily development, allowing for up to 104 residential units. This represents the final phase of the Hawthorn of Aurora Planned Unit Development, strategically located on the west side of N. Aurora Road, directly across from the prestigious Barrington Country Club and Bertram Inn & Conference Center. The property benefits from its high visibility and accessibility, boasting a daily traffic count of 15,590 vehicles along N. Aurora Road. Its proximity to a wide range of retail amenities and Aurora's highly-rated school system (ranked among Ohio's top 10) further enhances its appeal. The average household income within a 5-mile radius is $107,000, indicating a strong potential market. This site offers flexible uses, making it ideal for a mixed-use development, and is serviced by all city utilities. This is a rare opportunity to acquire a large parcel of land in a desirable location with significant development potential.

Property profile

Verified
Property type Land
Lot 50 ac (2,178,000 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

601 Aurora Rd Aurora, OH 44202
Aurora metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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