27048 Lorain Rd | North Olmsted, OH 44070
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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
- 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
£556,794
Price Per SF
£139
Tenancy
Single
Number of Floors
1
Building FAR
0.13
Lot Size
0.70 AC
Zoning
GR - Retail Trade
Amenities
- Signage
PROPERTY TAXES
| Parcel Number | 232-25-031 | Improvements Assessment | £763,730 |
| Land Assessment | £473,943 | Total Assessment | £1,237,674 |
PROPERTY TAXES
Parcel Number
232-25-031
Land Assessment
£473,943
Improvements Assessment
£763,730
Total Assessment
£1,237,674
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