Unknown Grafton, OH 44044
Zoning currently being changed to residential. Prime Development Opportunity – High-Traffic, High-Visibility Commercial Lot! Rarely does a property like this become available! This expansive 1+ acre lot is situated in a prime location with unmatched exposure, making it ideal for your next commercial ... project. Surrounded by thriving businesses and located adjacent to a newer Dollar General (on land purchased from this seller), this property offers incredible potential for development. While the lot currently features a 3-bedroom, 2-bath home in need of extensive repairs, the true value lies in the land. Whether you choose to rehab the existing structure or start fresh with a new commercial build, the possibilities are endless. Utilities, including gas, water, and electric, are conveniently located at the street (buyer to verify all connections). This high-demand area is bustling with new commercial construction, making it a hot spot for retail, office, or mixed-use development. With its prime location and proximity to established businesses, this is your chance to capitalize on a rapidly growing market. Please note: The home is not available for showings (only for serious inquiries) and is being sold as-is. The land, however, is easily viewable for serious inquiries. Don’t miss this opportunity—call today for more details!
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.