1037 Bank St Painesville, OH 44077
For Sale
This exceptional 25-acre commercial land parcel presents a unique investment opportunity in Painesville, Ohio. Located at 1037 Bank St, this property boasts a highly desirable location within Lake County, offering easy access to major transportation routes and a thriving local economy. The expansive lot size provides ample space for a wide range of commercial developments, from large-scale industrial projects to retail centers or mixed-use developments. The property's APN is 11-A-006-0-00-004. Its strategic location in Painesville, OH, zip code 44077, offers significant potential for growth and return on investment. The geographical coordinates are 41.707241 latitude and -81.233768 longitude. This prime commercial land is ready for immediate development, presenting a rare chance to acquire a substantial property in a dynamic market. Serious inquiries are encouraged to explore the possibilities this exceptional land parcel offers. The property is classified as commercial land and is zoned for commercial use. Further details regarding zoning regulations and development possibilities are available upon request. This is an excellent opportunity for developers and investors seeking a significant land holding in a growing Ohio market. The property is currently vacant and ready for immediate development.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
I1 · Painesville, OHPainesville. Always verify with local authorities before improvements.
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.