$750,000 Root Rd Sheffield Village, OH

MLS: 3927277   Type: Land   County: Lorain   City: Sheffield Village   Area: Sheffield   Zip: 44052   Style: Commercial     Taxes: $372

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* 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!

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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

HOA Northern Ohio Regional MLS
HOA Y/N 0
Homestead Exemption No
Limited Service No
Property Sub Type Commercial
Property Type Land
School District Sheffield-Sheffield
Short Sale No
Status Active

Exterior Features

Driveway None
Lot Dimensions 190.12 x IRR
Lot Size Units Acres
Lots 5
Natural Resource Rig Mineral
Water Sewer No Water, No Sewer

Property Schools



Direct Link:

http://www.russellrealty.com/property/192-3927277-Root-Rd-Sheffield-Village-OH-44052

Gallery (29 photos)

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Property vs Zip Code Avg (44052)

Price 750K Avg 88K

Taxes $372 Avg $342

Acres 20.01 Avg 2.31

Visits 1,856 Avg 204

Days on Site 173 Avg 390

Walkscore® 15 Avg 27

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Listing Provided Courtesy Of: Russell Real Estate Services




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Location & Address

Russell Real Estate Services
12198 Pearl Rd.
Strongsville, OH
440-379-1109
440-268-9647

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