38550 Chestnut Ridge Rd Elyria, OH 44035
- Commercial real estate
- 9.71 lot acres
Current Use by Public Records
- Chestnut Ridge Baptist Church / Baptist Church
- Restored Counseling / Counselor
- True Relationships / Family Counselor
Property Details for 38550 Chestnut Ridge Rd
- Lot size
- 9.71 lot acres
- Property type
- Commercial real estate
Description
This exceptional 9.71-acre commercial land parcel presents a prime development opportunity in Elyria, Ohio. Located at 38550 Chestnut Ridge Rd, 44035, this high-visibility site boasts a daily traffic count exceeding 38,000 vehicles at the intersection. The property's strategic location places it in close proximity to a thriving retail corridor, anchored by established businesses such as Walmart Supercenter, Cleveland Clinic, Petco, and Discount Drug Mart. Further enhancing its appeal, the site benefits from the recent addition of a Sheetz and an Aldi, indicating a strong and growing commercial presence in the immediate area. The property is classified as commercial land and offers significant potential for a variety of development projects, capitalizing on the high traffic volume and established retail environment. Its location in Lorain County, Ohio, provides easy access to major transportation routes and a robust local economy. This is an exceptional opportunity for developers seeking a high-impact location with significant growth potential. The property's size and location make it ideal for a variety of commercial uses, offering a compelling investment prospect in a dynamic market. Detailed site plans and further information are available upon request.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Elyria
- County
- Lorain
- State
- Ohio
- Longitude
- -82.068241031933
- Latitude
- 41.343426551044
