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Property profile & analytics
OFF-MARKET
Commercial real estate

31084 Lorain Rd North Olmsted, OH 44070

15.65 ac lot
Property ID
US66-6012190
Property summary
AI-generated overview

This exceptional 15.65-acre parcel of land, located at 31084 Lorain Rd in North Olmsted, Ohio (zip code 44070), presents a unique opportunity for commercial development. The property boasts a highly desirable B-2 zoning designation, allowing for a wide range of commercial uses. Situated along Lorain Road, this site benefits from exceptional visibility and accessibility, with a daily traffic count exceeding 20,000 vehicles. All seven essential utilities are readily available on-site, simplifying the development process. The location offers convenient access to I-480 via Lorain Road, and is within 10 minutes of both the Ohio Turnpike and Crocker Park, providing excellent connectivity and proximity to a thriving retail and residential area. The property's APN is 23403011|1, 23403013|1. This is an ideal location for businesses seeking high visibility and convenient access to major transportation arteries. The asking price for this remarkable development opportunity is $324,350. Don't miss this chance to acquire a prime commercial land parcel in a rapidly growing area.

Property profile
Verified
Property type Commercial real estate
Lot 15.65 ac (681,714 SF)
APN 23403011|1, 23403013|1
UPID US66-6012190
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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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