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Property profile & analytics
OFF-MARKET
Commercial land

3100 Cooper Foster Park W Rd Lorain, OH 44053-3653

1.75 ac lot
Entity Owned Absentee Owner Free & Clear
Property ID
US66-3058688
Property summary
AI-generated overview

This exceptional 1.75-acre commercial outparcel, located at 3100 Cooper Foster Park Rd in Lorain, Ohio (44053), presents a unique investment opportunity. Zoned commercial, this property offers a single tenancy with flexible space ranging from 1,500 to 6,000 contiguous square feet. The site boasts excellent visibility and accessibility, situated near a traffic signal and only a quarter-mile from the SR-2 and Leavitt Road highway interchange. The parcel's location within the Lorain-Amherst trade area provides access to a robust customer base. Nearby retailers include Giant Eagle, ALDI, Michael's, Walmart, Kohl's, The Home Depot, Lowe's, Target, and Tractor Supply, among others. The property is identified by APN 0202002000245 in Lorain County. Ground lease or build-to-suit options are available. This is the last remaining Meijer outlot, making it a highly desirable and potentially lucrative investment. Cross street access is available via N Leavitt Road.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 1.75 ac (76,230 SF)
APN 02-02-002-000-245
UPID US66-3058688
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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Comparable Approach Comparable
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Owner & transaction history
MEIJER STORES
MEIJER STORES
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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