x
Address
Root Road Lorain, OH
Price
$ 750,000
Property Attributes
  • MLS#4047541
  • TypeLand
  • CountyLORAIN
  • CityLorain
  • AreaLorain
  • Zip44052
  • Style
  • Taxes1023
  • Price$ 750,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size1.3 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 Type Land
School District Lorain CSD
Terms Cash, Conventional
Township Lorain City Twp

Exterior Features

Lot Dimensions 190 X 300
Lot Features Cleared
Lot Size Acres 1.3
Lot Size Area 1.3
Lot Size Source Appraiser
Lot Size Units Acres
Number of Lots 2
Sewer None
Topography Cleared

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
$1,023
Visits
AVG 480
616
Walkscore
AVG 37
15
Data Provided by Walkscore ® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.