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16206 Center St LaGrange, OH 44050

3-Acre Site, High-Growth Potential

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Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional 3-acre commercial land parcel presents a unique investment opportunity in the burgeoning North Pointe Development in LaGrange, Ohio. Located at 16206 N Center St, 44050, this strategically positioned site sits at the main entrance of the future development, ensuring high visibility and accessibility. The property offers approximately 2.5 acres for development, presenting several exciting possibilities for prospective buyers. A build-to-suit option allows for customized construction tailored to specific business needs. Alternatively, a ground lease arrangement could provide a steady stream of passive income. For developers seeking a multi-tenant retail space, the site offers ample room for a building up to 20,000 square feet. The surrounding North Pointe Development is poised for significant growth, with plans for approximately 130 single-story and multifamily residential units. Construction on the multifamily component is scheduled to commence in 2024, further enhancing the area's appeal and driving increased foot traffic and consumer demand. This prime location in Lorain County, Ohio, offers a compelling blend of immediate development potential and long-term growth prospects, making it an ideal investment for discerning buyers seeking a high-return opportunity in a thriving community. The property is zoned for commercial use and is ready for immediate development. Contact us today to learn more about this exceptional opportunity.

Highlights

  • 3-acre commercial land parcel in LaGrange, Ohio's North Pointe Development.
  • High-visibility location at the development's main entrance on N Center St.
  • Approximately 2.5 acres available for development; build-to-suit or ground lease options.
  • Potential for a 20,000 sq ft multi-tenant retail building.
  • Surrounding development includes 130+ residential units (multifamily construction starting 2024).
  • Commercially zoned and ready for immediate development.

Property Details for 16206 Center St

Property type
Land
RSF (Rentable sq. ft)
108,900 SF

Unit(s) available at that property

Space
Size
108,900 SF

Location Insight

City
LaGrange
County
Lorain
State
Ohio
Latitude
41.2493513
Longitude
-82.1196873

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Nearby Similar for Lease

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FAQs

What type of property is this?
Land - 3-Acre Site, High-Growth Potential
Where is the land located?
The property is located at 16206 Center St LaGrange, OH.
What are key features of this property?
This property features: 3-acre commercial land parcel in LaGrange, Ohio's North Pointe Development.; High-visibility location at the development's main entrance on N Center St.; Approximately 2.5 acres available for development; build-to-suit or ground lease options.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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Contacts

Allison Giomuso
Allison Giomuso
Tori Nook
Tori Nook
Visit Broker Website

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Useful Information

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Center St
LaGrange, OH 44050

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Center St
LaGrange, OH 44050

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

16206 Center St
  • Allison Giomuso
    Allison Giomuso
  • Tori Nook
    Tori Nook
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