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Property profile & analytics
OFF-MARKET
Commercial real estate

47500 Middle Ridge Rd Amherst, OH 44001

35.78 ac lot
Entity Owned 1-yr Hold
Property ID
US66-0957528
Property summary
AI-generated overview

This exceptional 35.78-acre parcel of land, located at 47500 Middle Ridge Rd, Amherst, Ohio 44001, presents a remarkable development opportunity. Situated in Lorain County, this property boasts a prime location and has already received approval for the construction of 70 residential lots. The expansive acreage offers significant potential for creating a thriving new residential community. The asking price for this land is $1,800,000. This represents a unique chance for investors and developers to capitalize on the growing market in Amherst, Ohio. The property is zoned for residential development, simplifying the process of building a new subdivision. The existing approvals significantly reduce the time and cost associated with obtaining necessary permits. Given its size and location, this property is well-suited for a variety of residential development projects, from single-family homes to townhouses or a mix of housing types. The existing infrastructure and proximity to amenities further enhance the appeal of this development opportunity. This is a rare chance to acquire a large, approved development site in a desirable location, offering substantial returns for the right investor or developer. Don't miss this chance to build a successful residential community in a thriving market.

Property profile
Verified
Property type Commercial real estate
Lot 35.78 ac (1,558,577 SF)
UPID US66-0957528
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
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Comparable Approach Comparable
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Owner & transaction history
S & S LLC · 1 yrs held
S & S LLC
since 2025
3 recorded transactions
2025
$700,000
2023
$1.0M
2021
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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