High Density Multi Family Land For Sale

4977-4985 Oberlin Ave, Lorain, OH

$119,000

Price

2.62 acres

Lot Area

 
Overview
Lot Area
2.62 acres
Description

4977-4985 Oberlin Ave consists of 2.62 Acres of high density Multifamily land for sale which allows for 18 units per acre. Whether a developer is looking to build apartments or change the zoning for commercial retail/office development.

4977 & 4985 Oberlin Ave is located between Tower Blvd and Cooper Foster Park Rd. Only 1.8 miles from Leavitt Rd and Rt-2 interchange and 1.8 miles from Walmart and the new Meijer grocery store development.

Highlights
  • Total Acreage: 2.62 acres
  • Price Per Acre: $45,419/AC
  • Frontage: 200 FT
  • Depth: 570 FT
  • 2 Separate Parcels; Houses Have Been Raised
  • Zoning: R-3 High Density Residential
  • Provides at a Density of 18 Units Per Acre
  • Zoning Potentially could be Changed to B-2 (General Commercial)
  • All Utilities Available at Street
  • Annual Real Estate Taxes: $2,357.00
Documents

Location
Gallery