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Property profile & analytics
FOR SALE
Warehouses

35980 Royalton Rd Grafton, OH 44044

9,000 SF 2.36 ac lot Built 2003
Entity Owned 21-yr Hold Absentee Owner Free & Clear
Property ID
US66-1957610
Property summary
AI-generated overview

This exceptional 3.2-acre commercial land parcel in Grafton, Ohio, presents a remarkable investment opportunity. Located at the highly visible, signalized intersection of State Route 83 and State Route 82 in Lorain County, this property boasts over 700 feet of road frontage, ensuring maximum exposure for any development. Zoned LC-1, it's ideally suited for a variety of commercial uses, including a fuel station, drive-thru restaurant, or retail plaza. The site benefits from full utility availability, simplifying the development process. Its strategic location is further enhanced by its proximity to the Eaton Township Hall and a thriving residential area, with over 670 homes built or currently under construction within the last three years, providing a substantial and growing customer base. This prime location offers unparalleled access and visibility, making it an exceptional opportunity for investors seeking high-impact commercial development in a rapidly growing community. The asking price is $1,700,000. The property's size and location make it a truly unique opportunity in the Grafton market.

Property profile
Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 2003
Total area 9,000 SF
Lot 2.36 ac (102,802 SF)
APN 11-00-046-000-041
UPID US66-1957610
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
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
MATTERN PAMELA K TR
MATTERN PAMELA K TR
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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