113 State Route 113 Berlin Heights, OH 44814
This exceptional 1.04-acre vacant commercial lot presents a remarkable opportunity for development in Wakeman, Ohio. Strategically located at the corner of State Route 113 and Main Road, this flat, clean parcel boasts convenient access and high visibility. The property is zoned for commercial use, allowing for a wide range of potential projects. Existing infrastructure includes public water and storm drains, along with readily available electric service. While a septic system will be required, the site's readily accessible utilities significantly streamline the development process. The lot's size and location make it ideal for a variety of commercial ventures, from retail establishments to light industrial uses. The asking price of $30,000 represents an attractive investment opportunity in a growing area. The property's APN is 07-00001.000. This prime location in Erie County, Ohio, with its 44814 zip code, offers excellent potential for significant return on investment. Don't miss this chance to acquire this well-situated commercial land parcel. The address is 113 State Route 113, Berlin Heights, OH.
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.