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Property profile & analytics
FOR LEASE
Manufacturing properties

1500 Nagel Rd Avon, OH 44011

51,680 SF 5.5 ac lot
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US66-2702842
1500 Nagel Rd, Avon, OH 44011 For Lease
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1500 Nagel Rd, Avon, OH 44011
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Property summary
AI-generated overview

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.

Property profile
Verified
Property type Manufacturing properties
Use group FACTORY (MANUFACTURING)
Total area 51,680 SF
Lot 5.5 ac (239,580 SF)
APN 04-00-021-000-263
UPID US66-2702842
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
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Premier 1500 Nagel LLC · 3 yrs held
Premier 1500 Nagel LLC
since 2022
Last sale
$5.2M
2 recorded transactions
2022
$5.2M
2010
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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