$41,000
$1K PRICE DROP

V/L N Ridge Rd Lorain, OH 44053

Estimated payment $310/month

Total Views 17,799
0.4 Acre
$102,500 Price per Acre
17,424 Sq Ft Lot

About This Lot

Welcome to an exceptional commercial opportunity in Lorain, Ohio! Unveiling a prime corner lot boasting 0.40 acres of potential and an attractive list price of $59,000. Positioned at the bustling intersection of North Ridge Road and Louis Avenue in Sheffield Township, this parcel is strategically located for diverse commercial ventures. Zoned for commercial use and forming part of the Clearview Local School District in the Rolling Heights Allotment, this cleared and level lot with a frontage of 93 feet and a depth of 188 feet offers a versatile canvas for your business aspirations. This dynamic property is characterized by its city street frontage, ensuring high visibility for a range of commercial enterprises. With no restrictions on the property, you have the flexibility to realize your development goals. As of 2022, the property taxes amounted to $996. Its strategic location, close to major roads, coupled with versatile zoning, positions it as an exceptionally attractive investment opportunity. What sets this property apart is the absence of current improvements, providing a blank canvas for all your construction plans, Tailor the space precisely to meet your business needs, whether you envision a retail space, an office building, or another commercial endeavor. Seize the opportunity to bring your business aspirations to life with this prime location and favorable features. The absence of current improvements provides a blank canvas for your construction plans. Savvy investors and business owners will recognize the potential of this commercial lot as a cornerstone for a successful venture. Act now and secure this promising parcel to shape the future of your business! Don't miss this chance to claim a strategic location for your commercial venture and make a lasting impact in the heart of Lorain! Explore the possibilities and envision your business thriving in this prime commercial space! Act fast and secure your slice of prime commercial real estate in Lorain!!

Listing Agent

Majdey Taye

RE/MAX Transitions Brokerage Email: TheTayeGroup@gmail.com 440-454-2456 License #2024005848

RE/MAX Transitions

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $996

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 93x188

Parking

  • On-Street Parking

Utilities

  • Water Not Available
  • Sewer Not Available

Additional Features

  • Property Views

Listing and Financial Details

  • Tax Lot 155
  • Assessor Parcel Number 03-00-111-118-015

Community Details

Overview

  • No Home Owners Association
  • Rolling Heights Allotment Subdivision

Amenities

  • Common Area

Property Details

Property Type

Land

Est. Annual Taxes

$996

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Subtype: Commercial
  • Attribution Contact: TheTayeGroup@gmail.com 440-454-2456
  • Road Frontage Type: City Street
  • Subdivision Name: Rolling Heights Allotment
  • Tax Year: 2024
  • Property Sub Type Additional: Commercial
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: None
  • Acres: 0.4
  • View: Yes
  • Waterfront: No
  • Disclosures: Principal is Real Estate Licensed

Garage/Parking

  • Attached Garage: No
  • Parking Features: None, On Street

Utilities

  • Utilities: None, Sewer Not Available, Water Not Available
  • Water Source: None

Condo/Co-op/Association

  • Community Features: Common Grounds/Area, Street Lights, Sidewalks
  • Association: No

Schools

  • Junior High Dist: Clearview LSD - 4704

Lot Info

  • Lot Size Units: Acres
  • Topography: Cleared,Level
  • Parcel Number: 03-00-111-118-015
  • Lot Dimensions: 93x188
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Multi Family

  • Number Of Lots: 1

Tax Info

  • Tax Annual Amount: 996.0
  • Tax Lot: 155

Map

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2025 04/03/25 Price Changed $41,000 -2.4% --
01/18/2025 01/18/25 For Sale $42,000 -- --
Source: MLS Now

Similar Property in Lorain, OH

  • 5278 Farr Ave, Lorain, OH 44055

    $30,000

    • Land
    • 0.39 Acre
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    • 5278 Farr Ave
    • Lorain, OH

    Great opportunity to possibly build 2 homes; check with the local Sheffield Township building department to confirm. Township hall located at 5166 Clinton Ave. Lorain, Ohio. The assumption is made that gas, water, electric and sanitary sewer are available. Buyer is responsible to confirm availability of all utilities. Immediately available, ready for spring construction.

    Gregory Fior The Swanzer Agency

    Section Image

Source: MLS Now

MLS Number: 5095918

MLS Now