25675 Lorain Rd North Olmsted, OH 44070
For Sale
This exceptional 0.321-acre commercial land parcel is ideally situated at the high-traffic corner of Lorain Road and Bailey Road in North Olmsted, Ohio. Its strategic location offers unparalleled visibility and accessibility, boasting proximity to established businesses such as Litehouse Pools & Spas and across from the west-side Ganley Auto dealership. The property is zoned B-3, 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, while its high-traffic location ensures significant exposure to potential customers. A Phase I environmental assessment was completed in 2015, providing a solid foundation for future development plans. The property's address is 25675 Lorain Rd, North Olmsted, OH 44070, with the APN number 23603002. The asking price for this prime commercial land is $250,000. This is a rare opportunity to acquire a highly visible and strategically located commercial property in a rapidly growing area. Don't miss out on this chance to establish your business in a prime location.
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.