21946 Lorain Rd Fairview Park, OH 44126
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.
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.