$750,000 Root Rd Sheffield Village, OH

MLS: 3927835   Type: Land   County: Lorain   City: Sheffield Village   Area: Sheffield   Zip: 44052   Style: Commercial     Taxes: $612

Mortgage $3,521 /mo



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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* This is a Portfolio Sale consisting of 5 parcels- All 5 adjoining parcels 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. 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 home site* * The Prime location has allowed local businesses to service a wide geographic area*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* Call or email w questions!

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Price History

8/1/2017 Listed $1,110,000
9/1/2017 12% - $985,000
1/5/2018 24% - $750,000

Directions Corner of Root Road and Colorado Avenue-5 adjoining parcels Bordering Lorain and Sheffield Village
HOA Northern Ohio Regional MLS
Homestead Exemption Yes
Limited Service No
Property Sub Type Commercial
Property Type Land
School District Sheffield-Sheffield
Short Sale No
Status Active
Virtual Tour Url Unbranded http://www.propertypanorama.com/instaview/neoh/3927835

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

Property Schools

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Gallery (21 photos)

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Property vs Zip Code Avg (44052)

Price 750K Avg 187K

Taxes $612 Avg $650

Acres 20.01 Avg 3.14

Visits 3,325 Avg 437

Days on Site 352 Avg 215

Walkscore® 15 Avg 41

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Listing Provided Courtesy Of: Russell Real Estate Services

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Location & Address

Tricia Hanna
12198 Pearl Rd.
Strongsville, OH

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