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2700 Colorado Ave - Industrial Development Site
5.63 Acres of Industrial Land Offered at $433,072 CAD in Lorain, OH 44052
Investment Highlights
- Plans already approved by city for Boat Storage facility
- Zoned Light Industrial
- 231 feet of direct frontage on Colorado Avenue
- Architectural drawings and site testing already complete
Executive Summary
Property Facts
| Price | $433,072 CAD | Property Subtype | Industrial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 5.63 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Price | $433,072 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Industrial |
| Proposed Use | |
| Total Lot Size | 5.63 AC |
| Opportunity Zone |
Yes |
1 Lot Available
Lot
| Price | $433,072 CAD | Lot Size | 5.63 AC |
| Price Per AC | $76,922.13 CAD |
| Price | $433,072 CAD |
| Price Per AC | $76,922.13 CAD |
| Lot Size | 5.63 AC |
Land for sale in Lorain on Colorado Ave with two parcels of land totaling 5.63 acres. 231' of direct frontage on Colorado Ave. Two parcels totaling 5.63 Acres - Parcel #: 03-00-055-121-023 (0.5907 Acres) - Parcel #: 03-00-055-121-025 (5.0345 Acres)
Description
Land is for sale in Lorain on Colorado Ave. There are two parcels of land totaling 5.63 acres. The city has already approved the land for a boat storage facility with 71 units planned. Floorplans, survey, architectural drawings, geotechnical engineering report and aquatic resources evaluation are already complete. The property features 231 feet of direct frontage on Colorado Ave and is zoned for light industrial use. Lorain is a popular boating destination with several large marinas and public boat launches nearby. Located nearby the new Lorain KartPlex project expected to be completed in 2025. Site can be developed for an Light Industrial use.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $58,497 CAD | Total Assessment | $58,497 CAD |
PROPERTY TAXES
zoning
| Zoning Code | LI (Light Industrial) |
| LI (Light Industrial) |
Presented by
2700 Colorado Ave - Industrial Development Site
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