7861 Old Crile Rd Painesville, OH 44077
This exceptional 1.41-acre commercial land parcel presents a unique investment opportunity in Concord Township, Ohio. Strategically located adjacent to Interstate 90 at the new Capital Parkway Interchange, this site boasts unparalleled visibility and accessibility. Within a half-mile radius lies a thriving medical hub, anchored by Lake Health TriPoint Medical Center and University Hospitals Concord Health Center, ensuring a consistent flow of potential customers. The property benefits from signalized access and excellent visibility from Route 44 (Auburn Road), maximizing exposure to a high volume of traffic. This location is part of a vibrant retail corridor, surrounded by established businesses including Starbucks, Chipotle, Sheetz, Lucky's Market, Waffle House, McDonald's, Great Clips, Sunny Street Cafe, Discount Drug Mart, Beerhead, and more. The property is zoned for commercial use and is part of a new 12,000 square foot retail development, offering significant potential for immediate development or future expansion. This prime location offers an exceptional opportunity to establish a successful business within a rapidly growing and highly desirable area. The site's proximity to major roadways, medical facilities, and a diverse range of existing retailers makes it an ideal location for a variety of commercial ventures. This is a rare opportunity to secure a prominent position in a thriving commercial center. The land is ready for development, offering a blank canvas for your vision.
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
Similar Nearby for Sale
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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.