25675 Lorain RdNorth Olmsted, OH 44070

Property Details for 25675 Lorain Rd

Year built

1975

Lot size

0.32 AC

Property size (Sq ft)

2,145 SF

Property type

Commercial land

APN

236-03-002

APU

23603002

Description

This exceptional 0.321-acre commercial land parcel is ideally situated at the high-traffic corner of Lorain Road and Bailey Road in North Olmsted, Ohio. Its strategic location offers unparalleled visibility and accessibility, boasting proximity to established businesses such as Litehouse Pools & Spas and across from the west-side Ganley Auto dealership. The property is zoned B-3, presenting a multitude of development opportunities for businesses seeking a prominent presence in this thriving area. The lot's size provides ample space for various commercial ventures, while its high-traffic location ensures significant exposure to potential customers. A Phase I environmental assessment was completed in 2015, providing a solid foundation for future development plans. The property's address is 25675 Lorain Rd, North Olmsted, OH 44070, with the APN number 23603002. The asking price for this prime commercial land is $250,000. This is a rare opportunity to acquire a highly visible and strategically located commercial property in a rapidly growing area. Don't miss out on this chance to establish your business in a prime location.

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $897,041

  Retail / Commercial

  $439,980

  Mixed-Use / Specialty

  $422,637

  Hospitality / Lodging

  $289,537

  Office

  $403,695

  Institutional / Educational

  $433,734

  Residential Income

  $507,469

  Multifamily

  $696,082

  Automotive / Energy

  $371,772

  Parking / Income-Based Land

  $143,879

  Restaurant / Food Service

  $186,150

  Healthcare / Senior Housing

  $449,582

Location Insight

City

North Olmsted

County

Cuyahoga

State

Ohio

Latitude

41.4218

Longitude

-81.9055

CBSA code

17460

CBSA name

CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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