677 Main St Grafton, OH 44044-1316
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.