Technical
Financial
Distress signals
Property profile

25675 Lorain Ave North Olmsted, OH 44070

OFF-MARKET
Land
0.32 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 0.32 ac (13,939 SF)

Cap rate & NOI

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

Location

25675 Lorain Ave North Olmsted, OH 44070
North Olmsted 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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