THREE PARCELS
PARCEL 1 - 14.79 ACRES
PARCEL 2 - .60 ACRES
3 photos

$800,000

V/L Gulf Road
Elyria, OH 44035
Listed by Shawne T Tagliarina · McDowell Homes Real Estate Services
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

Exceptional development opportunity on the Sheffield/Elyria border! This offering includes three parcels that total approximately 15.93 acres (to be sold together), ideally located just off the I-90 Detroit Road exit with easy freeway access and outstanding visibility. The large 14.79-acre parcel has approximately 62 feet of frontage on Gulf Road, but opens to a large tract adjacent to I-90 for excellent exposure. The entrance is located between 5469 Gulf Rd and 2014 Gulf Rd. Also included are two parcels totaling 1.14 acres (.60 and .54 acres). Per the City of Elyria these parcels were recently rezoned to Residential (R-1) designation. However, buyers are responsible for independently verifying zoning, permitted uses, available utilities, parcel sizes/dimensions, and all other matters material to their intended use with the City of Elyria and other appropriate governmental agencies. Don't miss this opportunity that offers tremendous potential in a growing corridor, with easy access to major highways, shopping, dining, and regional amenities. You can find City of Elyria's planning and zoning information here: https://www.cityofelyria.org/department/community-development/cityplanning/

Property details

MLS #
5229193
Property type
UnimprovedLand
Subdivision
Burrell & Day
Status
Active
Days on market
4
On market date
N/A
Stories
N/A
Garage spaces
N/A
Lot size
15.93 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Helen Steiner Rice ES
1.11 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
273
Student:teacher ratio
15.2:1
District
Lorain City
Middle
Southview Middle School
1.27 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
455
Student:teacher ratio
15.7:1
District
Lorain City
High
Avon High School
3.51 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
1.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,497
Student:teacher ratio
24.1:1
District
Avon Local

Mortgage calculator

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Est. monthly payment
$4,968/mo
$160,000 down
$640,000 loan
Principal & interest$4,151
Property tax (est.)$667
Home insurance (est.)$150

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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated 15 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.