1500 Nagel Rd Avon, OH 44011
For Lease
This exceptional five-acre commercial land parcel presents a unique development opportunity in Lorain County, Ohio. Strategically situated at the corner of Nagel Road and Chester Road, this property boasts unparalleled accessibility and high visibility. Its location offers immediate access to Interstate 90, a major transportation artery with a daily traffic count of 73,000 vehicles. Furthermore, the property benefits from its proximity to Chester Road, a high-traffic thoroughfare with 12,700 cars passing daily, ensuring significant exposure for any future development. The site is zoned for manufacturing, opening up a wide range of potential uses. Adding to its appeal is its convenient location just half a mile from the Cleveland Clinic Avon Hospital, providing a strong potential customer base and workforce pool. This property is ideal for businesses seeking a high-traffic location with excellent access to major roadways and a thriving community. The five-acre lot provides ample space for a variety of development projects, making it an attractive investment opportunity for discerning developers and businesses alike. Its strategic location and zoning make it a prime candidate for a wide range of commercial ventures. Don't miss this chance to acquire a highly desirable commercial property in a rapidly growing area.
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
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.