Technical
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Property profile

1813 Nagel Rd Avon, OH 44011

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

This exceptional 1.29-acre commercial land parcel presents a unique investment opportunity in Avon, Ohio's rapidly expanding retail sector. Situated in Lorain County, this single-tenant property boasts a prime location at the I-90 and Nagel Road exit, a burgeoning retail corridor experiencing significant growth. The site is zoned for commercial use and is ideally suited for a variety of retail developments. Its strategic placement directly across from a recently opened Meijer store ensures high visibility and convenient access for potential customers. Avon's status as the fastest-growing suburb along the I-90 corridor further underscores the exceptional potential of this land. The property is offered as a ground lease, providing a flexible and attractive option for developers seeking to capitalize on the area's robust economic expansion. This is a rare chance to secure a prominent location in a thriving market, poised for continued success and significant return on investment. The 1.29-acre lot size offers ample space for a substantial retail development, catering to the growing needs of the community. This property represents a compelling opportunity for investors seeking exposure to a dynamic and high-demand retail market.

Property profile

Verified
Property type Retail properties & Spaces

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Medical Clinic
  • Real Estate Agency
  • Physician
  • Real Estate Agency
  • Physician Medical Clinic

Location

1813 Nagel Rd 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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