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Property profile & analytics
OFF-MARKET
Land

6401 Ridge Rd Lorain, OH 44053

19.4 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 19.4-acre commercial and industrial land parcel in Lorain County, Ohio, presents a unique development opportunity. Located at 6401 West Ridge Road, Lorain, OH 44053, this property boasts outstanding freeway visibility and full interchange access, providing unparalleled exposure for any development. The asking price is $1,360,000, or $70,000 per acre. Its central location offers easy access to major transportation arteries, including Route 2, I-90, and I-80 (Ohio Turnpike), ensuring convenient connectivity for businesses and residents. The site is ideally suited for a variety of uses, including office buildings, medical campuses, retail centers, industrial facilities, and multi-family residential projects. The potential for economic incentives further enhances the attractiveness of this investment. This rare, large development parcel represents a significant opportunity to capitalize on a prime location with exceptional visibility and accessibility in a thriving area. The property's size and strategic location make it an ideal candidate for a large-scale development project. Don't miss this chance to acquire a truly exceptional piece of land in a high-demand area.

Property profile
Verified
Property type Land
Lot 19.4 ac (845,064 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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