Price Reduction - Views
Address
Root Rd Sheffield Village, OH
Price
$ 750,000
Property Attributes
  • MLS#3927835
  • TypeLand
  • CountyLORAIN
  • CitySheffield Village
  • AreaSheffield
  • Zip44052
  • StyleCommercial
  • Taxes612
  • Price$ 750,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size20.01 Acres
Listing Provided Courtesy Of:
Russell Real Estate Services
Property Description

Motivated Seller! Drastically Reduced* Excellent Cash Cow Opportunity offering over 20 acres of land & a Multi-family 6 Bedroom Century Home with a pond is perfect for an owner user or investment with Endless Possibilities which presents an investor w a unique opportunity to acquire a stable investment* Easily Accessible with Ready to Build Suite Opportunity in Sheffield Village Twp/Lorain. Package located in Prime Location Near the corner of Root & Colorado locally known as a High Traffic Area*Perfect Development Site for Senior Housing, Healthcare, Motel, Retail Plaza & Many Others! There are 5 total parcels - 4 vacant land & 1 Multi-family home w a pond located at 1641 Root Rd over 20 acres ***Mineral Rights Are Also Included***Seller states Lots can tap into the utilities (Gas, Electric, Water & Sanitary/Storm Sewer) which are located on the property of the homesite* All 5 adjoining parcels fall under a JEDD with zoning options for Commercial, Industrial or Residential * The Prime location has allowed local businesses to service a wide geographic area including Lorain, Sheffield Village, Avon, Avon Lk, Westlake, Bay Village, N.Olm & Amherst & others*Market Highlights: Surrounding Retailers incl Valero, Burger King, Pizza Hut, Discount Drug Mart, Midway Mall & Many Others. Within a half hr 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* Call or email w questions!

Elementary School Middle School High School
Unknown Elementary School Unknown Middle School Unknown High School
Price History
8/1/2017 Listed $1,110,000
9/1/2017 12% - $985,000
1/5/2018 24% - $750,000

General Features

Directions Corner of Root Road and Colorado Avenue-5 adjoining parcels Bordering Lorain and Sheffield Village
HOA Northern Ohio Regional MLS
Homestead Exemption Yes
Property Sub Type Commercial
Property Type Land
School District Sheffield-Sheffield
Status Active

Exterior Features

Driveway None
Frontage Feet 140
Irregular Lot Yes
Lot Description Wooded/Treed
Lot Dimensions 140 x 300
Lot Size Units Acres
Lots 5
Natural Resource Rig Mineral
Topography Wooded
View City View
Water Sewer No Water, No Sewer

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 44052

Price
AVG $100K
$750K
Taxes
AVG $357
$612
Visits
AVG 317
2794
Walkscore
AVG 27
15

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