Cleveland, OH Land Property For Sale

Development opportunity at the corner of Chester Avenue and E 71st Street. Included is 3 parcels. There is currently a 2,763 SF residential home on the property which is potential multifamily conversion. Located in the Midtown mixed-use district.

* Additional +/- 0.46 acres of development land available at the corner of Chester Avenue between E 72nd Place and E 73rd Street.

Up to 15 Acres Available

Zoned: Industrial

Rail Access: Norfolk Southern & CSX

480 Volt / 3 Phase Power Available

2 Maintenance Bays Possible

Office Space Available

Close Access to I-71 & I-480

Two land parcels for sale totaling 4.79 Acres at the high traffic count intersection of Ridge Road and W. Pleasant Valley Road in Parma, Ohio. The combined daily traffic counts of 50,338 (W. Pleasant Valley Rd - 22,857 VPD and Ridge Road - 27,481 VPD).

The area has strong demographics with a population of 73,887 and a daytime population of 71,998 in a 3 mile radius. The average household income is $75,406 in a 3 mile radius.

Total 4.79 Acres

− 2.78 Acres

− 2.01 Acres

+ Sale Price: $1,365,150

− $285,000 per Acre

PROPERTY HI GHLIGHTS

- Vacant land for development in Downtown Cleveland, OH.

- Flexible zoning options.

- Possible Development Option A: 616,000 total SF, 800 car parking garage, 26,000 SF per level with 14 levels of office/retail/residential.

- Possible Development Option B: 719,600 total SF, 920 car parking garage, 33,200 SF per level with 13 levels of office/retail/residential.

- Property is a candidate for (TOD) Transit Oriented Development project.

Development opportunity at the corner of Chester Avenue between

E 72nd Place and E 73rd Street. Included is 5 parcels totaling +/- 0.46

acres. Located in the Midtown mixed-use district.

* Additional +/- 0.36 acres of development land available at 1944 E

71st Street.

700 Feet of frontage on I-71.

• Zoning Classification: MS - Motorist Services

• Tax Parcel Number: 132-06-097

• Rare development opportunity in high profile Bagley Road & I-71 in Middleburg Heights!

• Approximately 999’ of frontage along I-71 and 191.78’ of frontage on Bagley Road.

• Middleburg Heights, Ohio is an ideal suburb of Cleveland with excellent housing opportunities, quality schools, and a strong business community that creates thousands of jobs within the city and the Greater Cleveland area.

• Middleburg Heights is an ideal location for travel, providing access to I-71, I-480 and the Ohio Turnpike. Cleveland Hopkins International Airport is just 4.25 miles (8 minutes) from the site.

• The site allows convenient access to Berea, Strongsville, North Olmsted, Parma, Brook Park, Baldwin Wallace University, Cuyahoga County Fairgrounds and the IX Center.

Vacant land site in the Aberdeen Business Park.