3964 Josephine St Lorain, OH 44052
Estimated payment $1,613/month
About This Lot
This prime 6.42-acre parcel is currently zoned for commercial use, offering a wide range of development possibilities. With all utilities available and the land fully buildable, the site is well-suited for commercial projects, single-family homes, multi-family residences, or a thoughtfully designed mixed-use complex. Rezoning may be possible to accommodate residential or multi-use development, making this an ideal opportunity for builders and investors seeking flexibility and long-term value. Bring your own builder and unlock the full potential of this strategically located property.
Listing Agent
Ohio Broker Direct Brokerage Email: 614-989-7215, joan@ohiobrokerdirect.com License #386319 Listed on: 08/13/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,973
Lot Details
- 6.42 Acre Lot
Parking
- On-Site Parking
Community Details
- No Home Owners Association
- Lorain Subdivision
Listing and Financial Details
- Assessor Parcel Number 02-01-003-261-031
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1,972 | $26,548 | $26,548 | -- |
| 2023 | $5,467 | $94,948 | $21,949 | $73,000 |
| 2022 | $5,410 | $94,948 | $21,949 | $73,000 |
| 2021 | $5,571 | $94,948 | $21,949 | $73,000 |
| 2020 | $6,050 | $94,950 | $21,950 | $73,000 |
| 2019 | $5,736 | $94,950 | $21,950 | $73,000 |
| 2018 | $3,446 | $94,950 | $21,950 | $73,000 |
| 2017 | $1,140 | $17,330 | $15,090 | $2,240 |
| 2016 | $1,139 | $17,330 | $15,090 | $2,240 |
| 2015 | $1,125 | $17,330 | $15,090 | $2,240 |
| 2014 | $1,092 | $17,330 | $15,090 | $2,240 |
| 2013 | $1,051 | $17,330 | $15,090 | $2,240 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/13/2025 08/13/25 | For Sale | $275,000 | +120.0% | -- | |
| 05/10/2024 05/10/24 | Sold | $125,000 | -16.6% | $15 / Sq Ft | View Prior Sale |
| 04/13/2024 04/13/24 | Pending | -- | -- | -- | |
| 03/28/2024 03/28/24 | For Sale | $149,900 | -- | $18 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $125,000 | None Listed On Document | |
| Sheriffs Deed | $24,603 | Keefer Katherine L | |
| Warranty Deed | $49,500 | Attorney |
Source: MLS Now
MLS Number: 5147929
APN: 02-01-003-261-031
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