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Property profile & analytics
OFF-MARKET
Land

21946 Lorain Rd Fairview Park, OH 44126

1 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1-acre commercial development site is located in Fairview Park, Ohio, at 21946 Lorain Rd, zip code 44126. Offered at $550,000, this property boasts a highly desirable location within Fairview Center, a thriving shopping center anchored by Giant Eagle, Dollar Tree, and Goldfish Swim School, among other established businesses. The site itself measures approximately 130 feet wide with an irregular depth. Its General Business (GB) zoning allows for a wide range of development opportunities. The property benefits from exceptional visibility and accessibility, situated on a signalized intersection with strong traffic counts averaging 13,400 vehicles per day, according to ODOT TIMS data. This prime location is surrounded by a robust mix of national and local businesses, including McDonald's, GetGo, Key Bank, Fifth Third Bank, Dunkin' Donuts, Burger King, and Pet Supplies Plus. The surrounding area demonstrates a dense population, with 81,378 residents and 82,697 daytime employees within a 3-mile radius, presenting a significant market for any new development. This presents a rare opportunity to acquire a highly visible and strategically located development site in a thriving commercial corridor. The property's size, zoning, and location combine to offer significant potential for a variety of commercial ventures.

Property profile
Verified
Property type Land
Lot 1 ac (43,560 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
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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