3337 Lake Rd W Ashtabula, OH 44004
For Sale
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A TRULY UNIQUE OPPORTUNITY ready for development with just under 9 acres of Lake Erie front property. With nearly 500 feet of frontage on OH-531, this site offers mostly flat, wooded land beginning at the road and ending with breathtaking, dramatic views of Lake Erie from the top of the bank. Over 900 feet of Lake Erie shoreline which is comprised of a secluded and picturesque beach spanning nearly the entire lake frontage. Many possibilities and so much potential are awaiting your vision and development expertise, including residential single family, condos, residential multifamily, mixed use, resorts, short term vacation rentals, and more (subject to local zoning and codes). Perfectly located among multiple other local attractions and being just 5 minutes from Historic Ashtabula Harbor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.