Property Description

Total of 70 Acres bare land subject to survey. Fantastic 70 tillable acres all together that makes this property ideal for Farming. To be purchased separately a 4.2-acre adjacent commercial zoned parcel that includes 2 updated 3- bedroom houses with garages and a 4 bedroom 2 story house and garage along with a very large 3 story historic barn in great condition that is used for storage but has many other uses.

49271 State Route 511 | MLS# 5196990

This land located at 49271 State Route 511, Amherst, OH 44001 is currently listed for sale with an asking price of $880,000. The property has approximately 70.00 Acres. State Route 511 is located within the Firelands Local school district. Search Amherst real estate on 7030hanbysloop.cutlerhomes.com today.

Property Features

Property Type: Land - Farm

Days on Market: 11

Lot Size: 70.00 Acres

Taxes: $0 / year

Feature Descriptions

Lot: Agricultural

Parcel#: 08-12-019-000-031

Parking: Unpaved, Water Available

Sewer: None

Utilities: Sewer Not Available, Water Not Available

Water: None

Local Schools

School District: Firelands Local

Demographics

Lorain County Demographic Information for 49271 State Route 511, Amherst, OH 44001

Fips

Fips Code 39093

Population

2020 to 2025 Change up 3.3%

2010 Count 301,356

2020 Count 312,964

2025 Estimate (V2025) 323,219

2020 Estimate (V2025) 312,956

Age Distribution (Years Old)

0 to 4 5.2%

5 to 17 21.1%

18 to 64 53.0%

65 and Older 20.7%

Gender

Male 49.6%

Female 50.4%

Place of Birth

Foreign 3.1%

US 96.9%

Education

High School Graduate, Age 25+ 91.8%

Bachelor's Degree or Higher, Age 25+ 28.5%

Computer and Internet use

Households with a computer 94.8%

Households with a broadband Internet subscription 88.9%

Language

English is Second Language, Age 5+ 7.8%

English is First Language, Age 5+ 92.2%

Veterans

Veterans 18,512

Income

Per Capita Income $40,798

Median Household Income $73,347

People in Poverty 10.8%

Commute

Average Work Commute Time 26 minutes

Housing

Total Housing Units 136,666

Households 127,544

Average Household Size 2.42

Owner-Occupied 74.0%

Multi-Family 17.0%

Owner-Occupied Median Value $223,200

Median selected monthly owner costs -with a mortgage $1,525

Median selected monthly owner costs -without a mortgage $629

Median gross rent $966

Building Permits

New Private Housing Issued 2024 1,331

Years at Residence

1 Year or More 90.9%

Less Than 1 Year 9.1%

Business and Employment

Private non-farm Establishments 5,664

Private non-farm Employment 89,159

Private non-farm Employment Growth 0.0%

Nonemployer Establishments 21,949

Number of Firms 4,759

Business Production

Value of Shipments $6,058,884,000

Wholesale Trade $2,315,415,000

Retail Trade $3,875,576,000

Retail Sales Per Capita $12,297

Accommodation and Food Services $444,363,000

Land

Land Area 491.10 sq. miles

Population Per Square Mile 614

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 4,729.60 per month $4,472.93 Principal & Interest $0.00 Property Tax (data not provided by mls) $256.67 Homeowner's Insurance

Change Payment Information

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49271 State Route 511Amherst, OH 44001