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  5. ›Sale of County Property - E. 29th St. Lorain, OH

Lorain County·Ohio

Sale of County Property - E. 29th St. Lorain, OH

Closes 10/22/2026$3k – $5kInvitation for Bid
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Description

The Lorain County Board of Commissioners is offering a vacant, single‑family residential parcel located on E 39th St., Lorain, OH for sale by sealed bid. Interested parties must submit electronic bids by the closing deadline, and the successful bidder must pay the balance within 30 days and cover all closing costs, title insurance, and taxes. The property is sold “as‑is” with an appraised value of $2,600. • Property: 0.04 acre vacant land, parcel # 03‑00‑103‑121‑017, zoning single‑family residential. • Sale method: sealed bid; bid packet available online. • Submission deadline: 22 Oct 2026 2:00 PM (electronic). • Questions due: 8 Oct 2026 (must be submitted ≥7 days before bid opening on 15 Oct 2026). • Contact: Jessica Burns, Fiscal Administrator ([email protected], (440) 329‑5240). • No fee to submit; buyer responsible for all transfer costs.

Attached files

Contact

Jessica Burns(Fiscal Administrator)

[email protected]

(440) 329-5240

Key dates

Opened
9/24/2026
Questions due
10/8/2026
Closes
10/22/2026

Last updated

Details

Type
Invitation for Bid
Industry
Real Estate
NAICS
531210
Solicitation №
10-22-26

Budget estimate

$2,600 – $5,000

The appraised value of the parcel is $2,600, but market conditions could drive the final bid higher. Comparable vacant residential lots in the Lorain area typically sell between $2,500 and $5,000. Therefore, a reasonable budget estimate for the buyer (i.e., the purchase price) ranges from the appraised value up to roughly $5,000, depending on competition and willingness to pay for the “as‑is” condition.

AI estimate from the solicitation

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