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Property profile & analytics
FOR SALE
Gas stations

32499 Lorain Rd North Ridgeville, OH 44039

1,708 SF 1 ac lot Built 1965
Entity Owned 2-yr Hold Free & Clear
Property ID
US66-1293536
Property summary
AI-generated overview

This exceptional 1-acre commercial lot in North Ridgeville, Ohio (APN 0700003102065), is perfectly situated for immediate development. Located at 32499 Lorain Rd, 44039, this property boasts a highly desirable B-3 Highway Commercial District zoning (Chapter 1268), allowing for a wide range of retail, restaurant, and service uses, including car washes. The site, measuring approximately 213' x 576', benefits from two existing curb cuts and shared access with a neighboring Starbucks, ensuring optimal traffic flow and visibility at a signalized intersection. Daily traffic counts average approximately 17,451 vehicles. This prime location is within a thriving retail corridor, adjacent to a new Starbucks and surrounded by established businesses such as McDonald's, Burger King, Culver's, Panera Bread, Sheetz, Chipotle, Taco Bell, Dunkin', Kindercare, and University Hospitals. The previous building has been demolished, leaving the site cleared and ready for construction. A comprehensive due diligence package is available for prospective buyers. Asking price is $1,200,000.

Property profile
Verified
Property type Gas stations
Use group GAS STATION
Year built 1965
Total area 1,708 SF
Lot 1 ac (43,560 SF)
APN 07-00-003-102-065
UPID US66-1293536
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
AI Approach AI
$1.32M
CAP Approach CAP
by Request
Comparable Approach Comparable
$917k
Blend (final) Blend
$1.26M
Owner & transaction history
Sgt Clean North Canton Holdings LLC · 2 yrs held
Sgt Clean North Canton Holdings LLC
since 2023
Last sale
$1.2M
3 recorded transactions
2023
$1.2M
2021
$800,000
2015
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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