601 Aurora Rd Aurora, OH 44202
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.
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
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.