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Off market
  • $185,650

    1641 Root Rd, Lorain, OH 44052

    4beds
    0baths
    20.01Acres
    Commercial
    Built in 1900
    20.01 Acres Lot
    $-- Zestimate®
    $59/sqft
    $1,385 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,385/mo

    Zestimate® history
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    Owner options

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    $1,385/mo

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    $1,385/mo

    Rent Zestimate®

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    $983/mo

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    $983/mo

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    What's special

    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!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 0
    Heating
    • Other, Gas
    Cooling
    • None
    Features
    • Flooring: Other
    • Has fireplace: No
    Interior area
    • Total interior livable area: 3,164 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage - Attached
    Features
    • Exterior features: Vinyl
    • Has view: Yes
    • View description: City
    Lot
    • Size: 20.01 Acres
    • Topography: Wooded
    Details
    • Parcel number: 0300058101033

    Community & neighborhood

    Location
    • Region: Lorain

    Other

    Other facts
    • List Type: Exclusive Right
    • Lot Size Units: Acres
    • Possession: Time of Transfer
    • Status: Active
    • Lot Description: Wooded/Treed
    • Street Suffix: Rd
    • Topography: Wooded
    • View Description: City View
    • Showing Instruction: Call Agent
    • Property Subtype: Commercial
    • MLS: NORMLS
    • County Or Parish: Lorain
    • Available Financing: Cash, Conventional
    • Last Change Type: Price Increase
    • MLS Area Major: Sheffield (Lake, Village, Township)
    • City: Sheffield Village
    • School District: Sheffield-Sheffield
    • Natural Resource Rig: Mineral
    • Last Status: Incoming
    • Geocode Source: Manual
    • State: Ohio
    • Association: Northern Ohio Regional MLS
    • Water Sewer: No Water, No Sewer
    • Parcel Number: 03-00-058-101-032

    Price history

    DateEventPrice
    6/14/2020Listing removed$750,000$237/sqft
    Source: Russell Real Estate Services #3927835 Report a problem
    6/13/2019Price change$750,000+88%$237/sqft
    Source: Russell Real Estate Services #3927835 Report a problem
    11/5/2018Listed for sale$399,000-46.8%$126/sqft
    Source: Russell Real Estate Services #3927835 Report a problem
    6/19/2018Listing removed$750,000$237/sqft
    Source: Russell Real Estate Services #3927271 Report a problem
    1/5/2018Price change$750,000-23.9%$237/sqft
    Source: Russell Real Estate Services #3927271 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$2,275 +46.5%$64,980 +65.3%
    2023$1,553 -0.5%$39,320
    2022$1,561 +0%$39,320

    Find assessor info on the county website

    Neighborhood: 44052

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Sheffield-Sheffield

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.