Commercial Land
5301 Lorain Avenue Cleveland, OH 44102
Details & Description
Price: $1,800,000
    1.03 acres of prime development land in Ohio City. Over 280' of frontage along the quickly-developing Lorain Avenue corridor. Excellent opportunity for multi-family mixed-use development (potentially 150+ units).
    Listing Agents
    David Leb

    M: 216-525-1488
    dleb@crescorealestate.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    5301 Lorain Avenue

    Cleveland, OH 44102

    Listing ID: 202206
    5301 Lorain Avenue Cleveland, OH 44102 | for Sale | Photo 1
    Building Size: --
    Lot Size: 1.030 AC
    Land Size: 44,866 SF
    Building $/SF:
    Land $/SF: $40.12
    Price
    $1,800,000
    Description

    1.03 acres of prime development land in Ohio City. Over 280' of frontage along the quickly-developing Lorain Avenue corridor. Excellent opportunity for multi-family mixed-use development (potentially 150+ units).

    Attachments & Files

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Cleveland History of Commercial Land for Sale

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    Cleveland Area Market Trends

    Listing Demographics for 5301 Lorain Avenue Cleveland, OH 44102

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population20,243142,868317,774
    Population Median Age373738
    Population by Age0-9 Yrs2329 (11%)16327 (11%)36783 (11%)
    10-19 Yrs2473 (12%)15596 (10%)35556 (11%)
    20-29 Yrs3432 (16%)27801 (19%)57424 (18%)
    30-39 Yrs3740 (18%)22818 (15%)48869 (15%)
    40-49 Yrs2395 (11%)17238 (12%)37247 (11%)
    50-59 Yrs2505 (12%)18027 (12%)41604 (13%)
    60-69 Yrs1825 (9%)14319 (10%)34303 (10%)
    70+ Yrs1544 (7%)10743 (7%)25987 (8%)
    Median HH Income$34,639$36,089$39,105
    Total Household Income< 24K3409 (38%)24537 (37%)49916 (34%)
    25-49K2258 (25%)17465 (26%)37188 (25%)
    50-74K1307 (14%)10289 (15%)23757 (16%)
    75-99K755 (8%)5851 (8%)13597 (9%)
    100-199K807 (9%)6271 (9%)16347 (11%)
    200K+277 (3%)1808 (2%)3929 (2%)
    Highest Education LevelNo Diploma32751904236667
    Diploma or GED36622814065064
    Some College28462065247169
    Assoc. Degree763656515311
    Bachelors Degree20901541536005
    Higher Degree1474969420783
    Total Housing Units10,99977,135166,668
    --Owner-Occupied3,29621,62259,733
    --Renter-Occupied5,51744,59985,001
    Owner-Occupied Values< 100K17221360933116
    100-199K787457519228
    200-299K42515993881
    300-399K2519461624
    400-499K31279649
    500K+816141234
    Total Working Age Population16,312117,266259,775
    In Work Force9,84773,601165,942
    Not In Work Force6,46543,66593,834
    Workforce Employed9,05566,403150,279
    Workforce Unemployed7927,15415,557
    Civlian Workforce9,84773,558165,836
    Military Workforce044106
    Total Households8,81466,221144,733
    Family Households4,14127,84165,986
    Non-Family Households4,67338,38078,748
    Married Couple1,99313,86535,271
    Other Family2,14813,97630,715
    Married w/Child7384,85812,586
    Single Male w/Child1971,5603,106
    Single Female w/Child9966,47414,245

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Ohio11,353,140+211,536,504011,574,870011,615,100
    Cuyahoga County1,393,978-81,280,122-61,209,550-51,154,210

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

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    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 5301 Lorain Avenue in Cleveland?
    The asking price for 5301 Lorain Avenue is $1,800,000
    How much land does the Cleveland, OH property at 5301 Lorain Avenue include?
    5301 Lorain Avenue in Cleveland includes 1.030 acres of land
    What kind of Land is the propery at 5301 Lorain Avenue?
    The property at 5301 Lorain Avenue Cleveland, OH 44102 is listed as a Mixed Use Land Land property
    What is the population within 1 mile of 5301 Lorain Avenue in Cleveland?
    The population within 1 mile of 5301 Lorain Avenue Cleveland, OH 44102 is 20,243 people.
    Who do I contact for questions about 5301 Lorain Avenue?
    You should contact the listing agent, David Leb, for any details regarding this commercial listing.

    Closest Commercial Airports

    Airport Distance (mi)
    Cleveland Hopkins International Airport (CLE) 8
    Erie International Tom Ridge Field (ERI) 90
    Detroit Metropolitan Wayne County Airport (DTW) 98
    Price
    $1,800,000
    Listing Agent
    More listings from David Leb
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