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Property profile & analytics
OFF-MARKET
Commercial land

677 Main St Grafton, OH 44044-1316

10,822 SF 1.98 ac lot Built 1963
Entity Owned Absentee Owner Free & Clear
Property ID
US66-1160941
Property summary
AI-generated overview

This exceptional 1.98-acre commercial land parcel presents a remarkable investment opportunity in Grafton, Ohio. Located at 677 Main St, 44044, this property enjoys a highly visible position along a main thoroughfare, ensuring excellent exposure for any future development. The lot's previous use as a bowling alley means all essential utilities are already in place and readily accessible, significantly reducing setup time and costs for new businesses. The owner possesses detailed knowledge of utility tap-in locations, streamlining the development process. The expansive lot size allows for ample parking, accommodating customer needs and ensuring smooth traffic flow. This property is ideally suited for a wide range of commercial ventures, offering the potential for significant growth and profitability within a thriving commercial area of Lorain County. The asking price is $150,000. This is a rare chance to acquire a well-situated, ready-to-develop commercial land parcel in a desirable Ohio location.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1963
Total area 10,822 SF
Lot 1.98 ac (86,249 SF)
APN 11-00-100-103-014
UPID US66-1160941
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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Community Star Credit Union INC
Community Star Credit Union INC
since 2025
1 recorded transaction
2025
$125,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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