x
Views
Address
Root Road Lorain, OH
Price
$ 750,000
Property Attributes
  • MLS#4047540
  • TypeLand
  • CountyLORAIN
  • CityLorain
  • AreaLorain
  • NeighborhoodSheffield
  • Zip44052
  • StyleBusiness
  • Taxes612
  • Price$ 750,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.96 Acres
Listing Provided Courtesy Of:
Russell Real Estate Services - (440) 572-3100
Property Description

1641 Root Road locally known as a High Traffic Area* Mineral Rights* Excellent Cash Cow Opportunity offering over 20 acres of land plus a Multi-Family 6 Bedroom Century Home with a pond that is perfect for an owner user or investment with Endless Possibilities which presents an investor with a unique opportunity to acquire a stable investment* This is a Portfolio Sale consisting of 5 adjoining parcels which fall under a JEDD with zoning options for Commercial, Industrial or Residential* Easily Accessible with Ready to Build Suite Opportunity in Sheffield Village Twp./Lorain* Perfect Development Site for Senior Housing, Healthcare, Motel, Retail Plaza, Endless possibilities* Seller states lots can tap into the utilities (Gas, Electric, Water & Sanitary/Storm Sewer) which are located on the property of the home site* Market Highlights: Surrounding Retailers include Valero, Burger King, Pizza Hut, Discount Drug Mart, Midway Mall & Many Others* Within a half hour drive to Downtown Cleveland I-90, I-80, 480 & RT. 2! In the 2015 Fortune 500 ranking of the largest U.S. corporations, 7 companies are based in Northeast OH* Location has allowed local businesses to service a wide geographic area!

Price History
10/23/2018 Listed $399,000

General Features

MLS Area Lorain
Property SubType Business
Property Type Land
School District Lorain CSD
Subdivision Name Sheffield
Terms Cash, Conventional
Township Lorain City Twp

Exterior Features

Frontage Length 140
Lot Dimensions 140 X 300
Lot Features Wooded
Lot Size Acres 0.96
Lot Size Area 0.96
Lot Size Units Acres
Number of Lots 5
Sewer None
View City

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 44052

Price
AVG $230K
$750K
Taxes
AVG $1,191
$612
Visits
AVG 478
640
Walkscore
AVG 37
15
Data Provided by Walkscore ® not using MLS data

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