25675 Lorain Ave North Olmsted, OH 44070
This exceptional 0.32-acre commercial land parcel is ideally situated at the high-traffic corner of Lorain Avenue and Bailey Road in North Olmsted, Ohio. Its prime location offers unparalleled visibility and accessibility, boasting proximity to established businesses such as Litehouse Pools & Spas and across from West-side Ganley Auto. The property is zoned for General Retail use, presenting a multitude of development opportunities for businesses seeking a prominent presence in this thriving area. The lot's size provides ample space for various commercial ventures, from drive-thru establishments to smaller retail spaces. A Phase I Environmental assessment was completed in 2015, providing a solid foundation for potential buyers and streamlining the development process. This property represents a rare opportunity to acquire a highly visible and strategically located commercial lot in a desirable area of Cuyahoga County, Ohio, with a list price of $250,000. The address is 25675 Lorain Avenue, North Olmsted, OH 44070.
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
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