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Property profile & analytics
OFF-MARKET
Assisted living facilities

426 Opportunity Way Lagrange, OH 44050-9021

3,552 SF 1.49 ac lot
Entity Owned Free & Clear
Property ID
US66-3473310
Property summary
AI-generated overview

This exceptional 3.295-acre parcel, located at 426 Opportunity Way, LaGrange, Ohio 44050 (APN 1500055104100), presents a unique investment opportunity. Currently zoned R-1, the property offers significant potential for various developments. The land's size and zoning provide flexibility for a range of projects. While the current zoning is R-1, the marketing materials indicate a transitional use district (T-1) designation, allowing for a broader spectrum of permitted uses. These include, but are not limited to, supervised nursing care facilities, assisted living and physical rehabilitation centers, along with associated hospitality suites. Additionally, the zoning permits professional offices, banks and other financial institutions, and outpatient medical and surgical hospitals, medical centers, and clinics. This makes the property attractive to developers seeking to capitalize on the growing demand for healthcare and related services in the area. The asking price for this strategically located land is $78,000. This represents a compelling opportunity for investors seeking a high-return development project in a desirable Ohio location. The property's address is easily accessible, offering convenient access to local amenities and transportation routes. Serious inquiries are encouraged.

Property profile
Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Total area 3,552 SF
Lot 1.49 ac (64,904 SF)
APN 15-00-055-104-099
UPID US66-3473310
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
GREAT LAKES PROPERTY DEVELOPMENT LLC
GREAT LAKES PROPERTY DEVELOPMENT LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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