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Great opportunity to own a commercial property in the heart of new development growth happening. Would be great for a commercial strip center. Prime location with two streets of frontage on Pearl Road and Chestnut Ave. Lot is 1.015 acres. Public sewer and currently well water. Building currently used as a bar.
| Month | Payment | Principal | Interest | Total Interest | Balance |
|---|---|---|---|---|---|
| $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
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.
| Total Population | 7,333 | 55,851 | 89,215 | |
| Population Median Age | 41 | 40 | 41 | |
| Population by Age | 0-9 Yrs | 682 (9%) | 6422 (11%) | 9433 (10%) |
| 10-19 Yrs | 1023 (13%) | 7538 (13%) | 11759 (13%) | |
| 20-29 Yrs | 773 (10%) | 6047 (10%) | 9443 (10%) | |
| 30-39 Yrs | 877 (11%) | 6798 (12%) | 10087 (11%) | |
| 40-49 Yrs | 998 (13%) | 7563 (13%) | 12184 (13%) | |
| 50-59 Yrs | 1204 (16%) | 8421 (15%) | 13633 (15%) | |
| 60-69 Yrs | 894 (12%) | 6676 (11%) | 11654 (13%) | |
| 70+ Yrs | 884 (12%) | 6387 (11%) | 11024 (12%) | |
| Median HH Income | $71,194 | $79,960 | $80,875 | |
| Total Household Income | < 24K | 336 (11%) | 2406 (11%) | 3812 (10%) |
| 25-49K | 512 (17%) | 3653 (17%) | 6182 (17%) | |
| 50-74K | 697 (24%) | 4006 (18%) | 6308 (18%) | |
| 75-99K | 421 (14%) | 3013 (14%) | 4641 (13%) | |
| 100-199K | 835 (28%) | 6702 (31%) | 10759 (30%) | |
| 200K+ | 84 (2%) | 1546 (7%) | 3083 (8%) | |
| Highest Education Level | No Diploma | 264 | 1870 | 2978 |
| Diploma or GED | 1864 | 10635 | 17215 | |
| Some College | 1312 | 8808 | 14177 | |
| Assoc. Degree | 499 | 3727 | 5576 | |
| Bachelors Degree | 859 | 8894 | 15095 | |
| Higher Degree | 428 | 4781 | 8249 | |
| Total Housing Units | 3,084 | 22,201 | 36,324 | |
| --Owner-Occupied | 2,430 | 17,241 | 28,280 | |
| --Renter-Occupied | 455 | 4,085 | 6,504 | |
| Owner-Occupied Values | < 100K | 169 | 944 | 1437 |
| 100-199K | 1556 | 8438 | 12913 | |
| 200-299K | 529 | 5692 | 9101 | |
| 300-399K | 124 | 1614 | 3161 | |
| 400-499K | 31 | 424 | 986 | |
| 500K+ | 20 | 129 | 682 | |
| Total Working Age Population | 6,016 | 44,853 | 72,376 | |
| In Work Force | 4,065 | 30,862 | 48,898 | |
| Not In Work Force | 1,951 | 13,991 | 23,478 | |
| Workforce Employed | 3,970 | 29,967 | 47,367 | |
| Workforce Unemployed | 91 | 883 | 1,505 | |
| Civlian Workforce | 4,061 | 30,850 | 48,872 | |
| Military Workforce | 4 | 12 | 26 | |
| Total Households | 2,885 | 21,326 | 34,784 | |
| Family Households | 2,002 | 15,115 | 24,327 | |
| Non-Family Households | 883 | 6,212 | 10,457 | |
| Married Couple | 1,587 | 12,502 | 20,265 | |
| Other Family | 415 | 2,612 | 4,062 | |
| Married w/Child | 548 | 5,052 | 7,714 | |
| Single Male w/Child | 84 | 325 | 559 | |
| Single Female w/Child | 166 | 958 | 1,289 | |
Population Change Last Two Decades - Plus Projection
| 2000 | % | 2010 | % | 2020 | % | 2030 | |
|---|---|---|---|---|---|---|---|
| Ohio | 11,353,140 | +2 | 11,536,504 | 0 | 11,574,870 | 0 | 11,615,100 |
| Cuyahoga County | 1,393,978 | -8 | 1,280,122 | -6 | 1,209,550 | -5 | 1,154,210 |
| Lorain County | 284,664 | +6 | 301,356 | +3 | 310,230 | +3 | 320,430 |
| Medina County | 151,095 | +14 | 172,332 | +7 | 184,670 | +5 | 194,510 |