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2440 Nagel Road
Avon, OH 44011
Asking Price
$400K
Asset Type
Commercial Land
Class
Class B
What's Special
Land | 0.77 acres <ul><li>0.77 acres on the corner of Detroit and Nagel Roads</li><li>Can be purchased individually or in addition to one or both neighboring lots</li><li>Located just north of I-90 exit at Lear Nagel Road</li><li>Close proximity to amenities, including Meijer, Cleveland Clinic, Avon Commons</li><li>Ideal gas station/convenience store, QSR, multi-tenant retail development, medical</li><li>Avon is one of the fastest growing communities in Ohio</li><li>High median income leve</li></ul>
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NOI
$80,000
Cap Rate
20.00%
DSCR
3.37
Strong
Cash-on-Cash
46.88%
Monthly Payment
$1,978.982
Annual Cash Flow
$56,252.219
