3100 Cooper Foster Park RdLorain, OH 44053

  • Commercial land
  • 1.75 AC

Property Details for 3100 Cooper Foster Park Rd

Lot size
1.75 AC
Property type
Commercial land
APN
02-02-002-000-245
APU
202002000245

Description

This exceptional 1.75-acre commercial outparcel, located at 3100 Cooper Foster Park Rd in Lorain, Ohio (44053), presents a unique investment opportunity. Zoned commercial, this property offers a single tenancy with flexible space ranging from 1,500 to 6,000 contiguous square feet. The site boasts excellent visibility and accessibility, situated near a traffic signal and only a quarter-mile from the SR-2 and Leavitt Road highway interchange. The parcel's location within the Lorain-Amherst trade area provides access to a robust customer base. Nearby retailers include Giant Eagle, ALDI, Michael's, Walmart, Kohl's, The Home Depot, Lowe's, Target, and Tractor Supply, among others. The property is identified by APN 0202002000245 in Lorain County. Ground lease or build-to-suit options are available. This is the last remaining Meijer outlot, making it a highly desirable and potentially lucrative investment. Cross street access is available via N Leavitt Road.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $15,696,993
    Hospitality
    $14,378,361
    Educational
    $11,962,628
    Medical
    $12,374,041
    Retail
    $18,608,532

Location Insight

City
Lorain
County
Lorain
State
Ohio
Latitude
41.4187
Longitude
-82.2122
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
$2,055
$33,688
-
$33,688
-
$96,250
-
$96,250

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