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27048 Lorain Rd
North Olmsted, OH 44070

.70 AC For Sale - Pad Site Along Lorain Road · Retail Property For Sale

Executive Summary

- Premier out-lot opportunity on Lorain Road and Dover Center Road in North Olmsted location, with a traffic signal at the main entrance
- 4,000 SF For Lease Build-to-Suit or Approximately .70 Acres For Sale
- Traffic Counts: 34,726 VPD at the corner of Dover Center Road & Lorain Road
- Located on Lorain Road next to the new Starbucks and Swensons, this site has full access to both Lorain and Dover Center
- Excellent direct street front visibility along densely populated, high sales volume and high traffic corridor
- Super Regional Trade Area - Nearby Great Northern Mall is anchored by Dillard’s, Macy’s, Dick’s Sporting Goods, Home Depot
- Approx. 165’ of frontage along Lorain Rd
- Dense population of 165,646 people in a 5 mile radius and a daytime population of 170,337 people in a 5 mile radius
- High Incomes - Average household income of $99,511 in a 5 mile radius

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,000 SF
Building Class
B
Year Built
2026
Construction Status
Proposed
Price
$1,005,242 CAD
Price Per SF
$251 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.70 AC
Zoning
GR - Retail Trade

Amenities

  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
232-25-031
Land Assessment
$848,023 CAD
Improvements Assessment
$1,366,538 CAD
Total Assessment
$2,214,561 CAD
  • Listing ID: 20820554

  • Date on Market: 2020-09-01

  • Last Updated:

  • Address: 27048 Lorain Rd, North Olmsted, OH 44070

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