Estimated payment $620/month
About This Lot
An incredible investment opportunity in the highly desirable Portage Lakes area! This B-1 zoned property is ideal for
future commercial development, with value rooted in the land itself. While a structure exists on-site, it is uninhabitable,
lacks water and electricity, and is not suited for residential use. Currently used for cold storage, the building is secondary
to the prime commercial potential of the land. Portage Lakes is a thriving community known for its boating, waterfront
dining, outdoor recreation, and strong local economy. Its growing commercial presence and increasing demand for
business development make this an excellent investment for those looking to establish or expand in the area. City and
county sewer lines are already in the planning stages, further enhancing its future value. No access to the building at this
time. Don’t miss this rare opportunity to invest in one of Northeast Ohio’s most sought-after commercial locations
Listing Agent
Coldwell Banker Schmidt Realty Brokerage Email: logan.mcgregor@cbschmidtohio.com, 330-347-8713 License #2023000866 Listed on: 12/10/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,819
Additional Features
- 0.48 Acre Lot
- City Lot
- Septic Tank
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 2804383
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 |
|---|---|---|---|---|
| 2025 | $1,710 | $35,602 | $15,659 | $19,943 |
| 2024 | $1,710 | $35,602 | $15,659 | $19,943 |
| 2023 | $1,710 | $35,602 | $15,659 | $19,943 |
| 2022 | $1,419 | $25,799 | $11,347 | $14,452 |
| 2021 | $1,297 | $25,799 | $11,347 | $14,452 |
| 2020 | $1,310 | $25,800 | $11,350 | $14,450 |
| 2019 | $482 | $9,090 | $7,960 | $1,130 |
| 2018 | $493 | $9,090 | $7,960 | $1,130 |
| 2017 | $520 | $9,090 | $7,960 | $1,130 |
| 2016 | $518 | $9,010 | $7,960 | $1,050 |
| 2015 | $520 | $9,010 | $7,960 | $1,050 |
| 2014 | $517 | $9,010 | $7,960 | $1,050 |
| 2013 | $528 | $9,060 | $7,960 | $1,100 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/10/2025 12/10/25 | For Sale | $89,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | C&J Title |
Source: MLS Now
MLS Number: 5176682
APN: 28-04383
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