5735 Lafayette Road

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5735 Lafayette Road

Medina, OH 44256
Asking Price
$880K
Asset Type
Hunting/Recreational Land
Class
Class B

What's Special

Large Tract of Recreational Land <ul><li>​Available: ±30.61 AC | Price Per Acre: $28,748</li><li>​The Property Consists of 2 Baseball Fields with Gravel Parking Lot/Infrastructure, and a 3,200 SF Pavilion with an 864 SF Maintenance Shed Built in 2001</li><li>​Railroad (CSX Transportation Inc.) Along the Back End of the Property</li><li>​Frontage: ±255' | Depth: ±3,000'</li><li>​Utilities Include Electric, Gas, Water, and Septic</li><li>​Permitted Uses Include Single-Family and Two-Family Dwellings</li><li>​Conditionally Permitt

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NOI
$80,000
Cap Rate
9.09%
DSCR
1.53
Strong
Cash-on-Cash
10.51%
Monthly Payment
$4,353.76
Annual Cash Flow
$27,754.882

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