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1641 Root Rd

Lorain, OH 44052

$750,000

Land For Sale  •  20 ac

Property Details

  • Property Type Land
  • Lot Size 20 ac
0 Transit Score
18 Walk Score

Description

Auction (Not a live on-site auction) Submit offers now! Auction date is deadline for bids which are reviewed daily and offer may be accepted at any time. Seller is motivated to sell. Shown by appointment only (with verification of buyer) will take place on Saturdays 10-12* Located at: 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!

Highlights

**MINERAL RIGHTS**
**FALLS UNDER A JEDD**

Public Transportation

AirportDriveWalkDistance
Cleveland Hopkins International Airport 38 min - 23.1 mi
Ron Russell 419-734-7355 Russell Realty
Ron Russell 419-734-7355 Russell Realty