$4,749 Closing Credit¹
#5099410, Terri M Czarnecki, Listing Office: Russell Real Estate Services
$439,900 List price
31255 Lorain Rd North Olmsted, OH 44070
$5,224
Closing credit¹
4 beds
2 full, 1 partial
2,973 sqft
1.5 acres
$148 / sqft
House
Property details
About 31255 Lorain Rd
Don't miss the opportunity to utilize this high traffic, high visibility mixed use property making it an ideal investment opportunity that blends residential & commercial zoning. This 2,973sqft all brick solid structure w/good character and features that include 2 bedrooms down & 2 up, 2 full baths, 1/2 bath, a huge Great Room, office space, kitchenette, conference rooms and an enormous basement 1,982 sqft for storage. The property is just waiting to be remodeled for your specialty business or take advantage of this convenient location with a 1.48-acre lot (79 x 906 lot dimensions) by building your own business structure. The property is perfect for a landscaping company, electrician, plumber, insurance company or anything sales related. Updates- Newer driveway with 12-inch-deep asphalt to the sidestep which allows access for freight trailers, updated electrical panel, roof 15yrs & vinyl windows. Just seconds away from the I-480, and minutes away from the I-80, Turnpike access. This is a great price for a high value opportunity! LOCATION, LOCATION, LOCATION!!! Buyers are encouraged to do their own due diligence to get answers for any questions relating to zoning, and/or business-related construction.
Highlights
Home typeSingle Family Residence
HeatingForced Air, Natural Gas
StatusActive
CoolingCentral Air
Size2,973 sqft
BasementYes
Lot size1.48 Acres
Year built1957
ParkingDriveway, On Site, Paved
MLS #5095938
Garage2 spaces
Summary
- MLS Number: 5095938
- MLS Name: NOWDD
- Office Name: EXP Realty, LLC.
- Office Phone: (440) 241-1111
- Office Email: scott.lowman@exprealty.com
- Listing Agent: Scott M Lowman
Copyright 2025 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 7:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$439,900
31255 Lorain Rd
$5,224
closing credit¹
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0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $51,700 | $5,857 |
| 2022 | $51,700 | $5,847 |
| 2021 | $51,700 | $5,389 |
| 2020 | $47,010 | $4,934 |
| 2019 | $47,010 | $4,778 |
| 2018 | $47,010 | $4,810 |
| 2017 | $47,890 | $5,040 |
History based on county public records data.
Nearby schools
6
Chestnut Intermediate Elementary School
Public District 3-5
0.7 mi
•30395 Lorain Rd
6
Olmsted Falls Intermediate School
Public District 4-5
2.2 mi
•27043 Bagley Rd
5
Falls-Lenox Primary School
Public District 1-3
3.0 mi
•26450 Bagley Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $82,653. The majority of North Olmsted, OH residents have income between $100k-200k annually. Most families are married, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
17%
<35k
40%
35k-100k
41%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
26%
Single, No Kids
7%
Single, with Kids
42%
Married, No Kids
25%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
11%
12-17 yrs old
17%
18-34 yrs old
44%
35-64 yrs old
16%
65+ yrs old
What do the neighbors do for fun?
Hiking/backpacking
PGA/LPGA
Minor League Baseball Games
Where do the neighbors shop?
Nordstrom Rack
Stein Mart
New York & Company
Where do the neighbors go to eat?
Chipotle
Bonefish Grill
Chick-fil-A
What do the neighbors drive?
Mazda
Lincoln
Kia
What do the neighbors listen to?
Rock
Classical
Talk/Personality
All data provided by Home Junction and Claritas
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Frequently asked questions
About 31255 Lorain Rd
This home is located at 31255 Lorain Rd in North Olmsted, OH and zip code 44070. This 2,973 square foot home, which was built in 1957, sits on a 1.48 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 7, 2025 and is currently priced at $439,900.
North Olmsted, OH housing market in February 2025 saw over 12 listings sold above listed price, more than 4 sold at listed price and over 6 sold below. In February 2025 in North Olmsted, OH there were 6.2% more homes for sale than in January. In February 2025 median list price was $259,000 and the average listing age was 29 days.
From Rocket Homes Real Estate and based on county public records data.