1150 Milan AveAmherst, OH 44001

  • Land
  • 2.95 AC
For Sale

Property Details for 1150 Milan Ave

Lot size
2.95 AC
Property type
Land
Property subtype
Commercial land
APN
05-00-004-102-004
APU
500004102004

Description

This exceptional 56.96-acre parcel in Amherst, Ohio, presents a unique opportunity for residential development. Located at 1150 Milan Ave, Amherst, OH 44001, this property boasts flexible zoning, allowing for a mix of single-family homes and multi-family apartments. The land is free and clear, with APN numbers 0500004103018, 0500004102006, 0500004102004, 0500004102005, 0500004101009, 0500004101006, and 0500004101005. While not currently serviced by city water and sewer, these utilities are readily accessible along Milan Avenue to the north and in nearby subdivisions to the east, with the city confirming sufficient capacity for residential development. The property benefits from excellent access to Ohio Route 2 and Interstate 80, and its development aligns with both the city's and seller's objectives, ensuring a cooperative and streamlined process. The Amherst school district is highly rated, adding significant appeal to potential residents. This is a rare opportunity to create a first-rate residential community in a desirable location with minimal infrastructure costs due to the proximity of utilities. The property is situated in Lorain County.

1150 Milan Ave, Amherst, Ohio

Location Insight

City
Amherst
County
Lorain
State
Ohio
Latitude
41.3953
Longitude
-82.2458
CBSA code
17460
CBSA name
CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$704
$11,848
-
$11,848
-
$33,850
-
$33,850

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