2 years on rocket

S/L N Ridge Rd, Lorain, OH, 44055

$43,000

0.40 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeBusiness
ParkingNone
ViewCity
MLS #4413092
Lot Size0.40 Acres
StatusActive

About S/L N Ridge Rd

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!!

Property Details

Property Features

Listing Office:

  • Office Name: Coldwell Banker Schmidt Realty
  • Office Phone: (440) 454-2456
  • Listing Agent: Majdey Taye

Exterior Features

Exterior Information:

  • View: City

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot: Corner Lot, Level, Cleared
  • Lot Size: 0.40 Acres

Other

Directions Information:

  • Directions: Corner of North Ridge Road and Louis Avenue.

Price Information

Listing Price Info

Price Summary:

  • List Price: $43,000
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Housing Market Comparison

See how this home compares to others in Lorain, OH.

Med. Sold Price

$146.8K

Med. Price/SqFt

$101

Avg. Days On Market

39

# of Sold Homes

73

S/L N Ridge Rd vs Lorain

817 DAYS ON ROCKET

+778 Days

$43,000

-$103.8K Less

KEY TAKEAWAY

This property is $103.8K less than the Median Sold Price in Lorain, OH.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NOWDD
  • MLS Number: #4413092

Listing Office:

  • Office Name: Coldwell Banker Schmidt Realty
  • Office Phone: (440) 454-2456
  • Listing Agent: Majdey Taye

IDXCopyright 2024 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/31/2024, 5:21:00 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$282

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$195

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-2288038
4
/10
  • Westwood Elementary School

  • 42331 Griswold Rd

  • 1.49 miles

  • Public District Grades KG-4

school-card-donut-2288039
3
/10
  • Garfield Elementary School

  • 200 W 31st St

  • 2.28 miles

  • Public District Grades PK-5

school-card-donut-2288040
4
/10
  • Toni Wofford Morrison Elementary School

  • 1830 W 40th St

  • 2.36 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $87,090. The most common annual income of people living in Lorain, OH is between $35k-100k. Residents typically live in married, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About S/L N Ridge Rd

What is the listing price of this property?

The listing price of S/L N Ridge Rd property is $43,000.

What type of property is this?

The property S/L N Ridge Rd is land located in Lorain, Ohio, 44055.

Is this property for sale now?

Active Listing: S/L N Ridge Rd is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property S/L N Ridge Rd is 0.40 acres.
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Rocket HomesOhioLorain CountyLorain44055S/L N Ridge Rd

This home is located at S/L N Ridge Rd in Lorain, OH and zip code 44055. This home sits on a 0.40 acre lot. It has been listed on Rocket Homes since October 05, 2022 and is currently priced at $43,000.

Over 33 listings were sold over their listed price in November 2024 in Lorain, OH. In the same period over 27 listings were sold below the listed price and 13 listings were sold for the listed price. In November 2024 in Lorain, OH there were 3.4% more homes for sale than in October 2024. Listings spent 39 days on the market in November 2024, and had a median list price of $146,800 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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