Technical
Financial
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Property profile

& Rt. 83 Main St Avon, OH 44011

OFF-MARKET
Land
1.1 ac lot
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Property summary

AI-generated overview

This exceptional commercial land opportunity in Avon, Ohio, presents a unique investment prospect. Located at the intersection of Main Street and Rt. 83 in Lorain County, this property offers a total of up to 2.65 contiguous acres, divisible into three parcels. Parcel #0400016101211 encompasses 1.5 acres, Parcel #0400016101210 measures 1.15 acres, and Parcel #0400016101208 comprises 1.1 acres. The property is zoned C-4, permitting a wide array of commercial uses. Benefitting from a high-traffic location, this site is ideally positioned to capitalize on the strong daytime population of 54,515+ people within a five-mile radius. Its proximity to key amenities, including retail, medical facilities, and housing, further enhances its appeal. The property's strategic location offers convenient access to I-90, Cleveland Hopkins International Airport (a 25-minute drive, 17.7 miles away), and Lake Erie. This presents a rare chance to acquire a versatile commercial land parcel in a thriving Northeast Ohio suburb. The APN numbers for the parcels are 0400016101211

Property profile

Verified
Property type Land
Lot 1.1 ac (47,916 SF)

Cap rate & NOI

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

Location

& Rt. 83 Main St Avon, OH 44011
Avon 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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