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Middlefield, OH Land for Lease

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Commercial Land Development Site
Updated: Jun 25
Commercial Land Development Site

15585 W High St, Middlefield, OH 44062

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Property at 15585 W High St with frontage on Rt. 87, one of the corridor’s most heavily trafficked retail routes.
Situated along Middlefield’s dominant retail trade area near major national retailers and restaurants.
Area shadow‑anchored by Walmart and surrounded by operators including McDonald’s, Mr. Hero, Taco Bell, and Dairy Queen.
Rt. 87 corridor has continued growth with a new Hartville Hardware & Lumber Middlefield location.
Hartville Hardware & Lumber Middlefield is an 81,000 SF regional destination plus a 36,000 SF covered drive‑thru lumber yard.
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1 active listing matches your search: Land for lease in Middlefield, OH. Based on your search, we've also compiled 5 Potential Opportunities for your consideration: 4 spaces in nearby cities and 1 property for sale.

Land for Lease in Nearby Cities

Here are 4 Similar Spaces we found in Nearby Locations for your consideration.

Freestanding Drive-Through Restaurant
Freestanding Drive-Through Restaurant

8459 Mayfield Rd, Chesterland, OH 44026

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3,933 sqft
24,000 VPD

Freestanding 3,933 SF former quick-service restaurant with drive-thru and restaurant FF&E on a 3.15-acre multi-pad site.

Commercial hood
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Commercial Land with Flexible Sizing
Commercial Land with Flexible Sizing

12550 Chillicothe Rd, Chesterland, OH 44026

Contact for pricing
2.72 acres

Available in 1 to 8.6 acres with strong traffic counts and visibility along Chillicothe Rd.

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Shovel-Ready Commercial Land Parcels
Shovel-Ready Commercial Land Parcels

464 Center St, Chardon, OH 44024

Contact for pricing
3.9 acres
Road access

Up to 3.9 acres of shovel-ready land with substantial frontage on the main commercial corridor.

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Commercial Land with Great Parking
Commercial Land with Great Parking

425 Water St, Chardon, OH 44024

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0.64 acres
Highway access

Flexible land space options with strong parking availability at a signalized intersection.

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Similar Spaces for Sale in Middlefield, OH

Consider Similar Space for Sale. We found 1 Spaces matching your search parameters.

Land Near Middlefield
Land Near Middlefield

Burton Windsor Rd, Middlefield, OH 44062

$160,000
6.38 acres

6.38 acres of land near Middlefield, Ohio.

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Middlefield, OH Land Lease Rates & Market Statistics

Browse 1 Land listing for lease in Middlefield, OH on Realmo, a commercial real estate marketplace serving the Middlefield area.

How to rent land in Middlefield, OH

  1. Understand the ground-lease bargain. A land lease (ground lease) lets you build on a parcel without buying it. You own the buildings and improvements while paying rent on the lot or site beneath them.
  2. Pick a site worth decades of commitment. Ground leases run 50–99 years, so use Location Intelligence to validate that the Middlefield, OH parcel's corridor, demographics, and growth trajectory support your development long-term.
  3. Do entitlement due diligence before signing. Verify zoning, utilities, soil conditions, environmental history, and permits for your intended construction. You're leasing bare acreage, and every improvement cost is yours.
  4. Negotiate subordination for financing. Lenders strongly prefer a subordinated ground lease (where the landowner's interest backs your construction loan). An unsubordinated lease should trade for meaningfully lower rent.
  5. Model the escalations across decades. Land leases are net (you pay taxes, insurance, and upkeep) with rent escalations or periodic market revaluations, so project the full cost curve with the Lease Calculator.
  6. Plan for the reversion. At lease end, your buildings typically revert to the landowner. Negotiate renewal options, assignment rights, and end-of-term compensation for improvements before you pour a foundation.
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