426 Opportunity Way Lagrange, OH 44050-9021
- Assisted living facilities
- 3,552 SF
- 1.49 lot acres
Current Use by Public Records
- Assisted living facilities
Property Details for 426 Opportunity Way
- Lot size
- 1.49 lot acres
- Property size
- 3,552 SF
- Property type
- Assisted living facilities
- Property subtype
- Retirement homes
- APN
- 15-00-055-104-099
- APU
- 1500055104099
Description
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.
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
- Lagrange
- County
- Lorain
- State
- Ohio
- Longitude
- -82.1124
- Latitude
- 41.2306
- CBSA code
- 17460
- CBSA name
- CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
