677 Main StGrafton, OH 44044

  • Land
  • 10,822 SF
For Sale
$150,000 View listing

Property Details for 677 Main St

Year built
1963
Lot size
1.98 AC
Property size (Sq ft)
10,822 SF
Property type
Land
Property subtype
Commercial land
APN
11-00-100-103-014
APU
1100100103014

Description

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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,348,233
    Hospitality
    $2,150,969
    Educational
    $1,789,581
    Medical
    $1,851,127
    Retail
    $2,783,792
677 Main St, Grafton, Ohio

Location Insight

City
Grafton
County
Lorain
State
Ohio
Latitude
41.2765
Longitude
-82.0622
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
$1,171
$21,350
-
$21,350
-
$61,000
-
$61,000

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