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    22649 Cedar Point Rd Brook Park, OH 44142

    For Sale
    $390,000

    Land parcel in Aerozone Alliance TechPark near Cleveland Hopkins Airport.

    Lot size:
    4.70 Acres

    Property Features for 22649 Cedar Point Rd

    General Information

    Lot size
    4.70 Acres

    Source: Cresco Real Estate | Cleveland Agent Austin Wetzel

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Aerozone Alliance TechPark Land Parcel

    This land parcel is situated within a park-like campus in the Aerozone Alliance TechPark, adjacent to Cleveland Hopkins International Airport and NASA. The zoning is U6, designated for commercial, research, and development purposes. Located in a Federal Opportunity Zone and a Community Reinvestment Area, the site is eligible for 100% tax abatement on improvements for up to 15 years. The location provides easy access to I-71 and I-480 and is close to public transportation. This property is located in a business-friendly community.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Dental Office Gym & Fitness Accounting Firm Auto Parts Store Department Store Daycare Center Food Market Cafe & Coffee Shop Car Rental Farmer's Market

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brook Park
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.87259
    Latitude
    41.4062846

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    FAQs

    What type of property is this?
    Land - Land parcel in Aerozone Alliance TechPark near Cleveland Hopkins Airport.
    Where is this land located?
    The property is located at 22649 Cedar Point Rd Brook Park, OH.
    What is the asking price?
    The asking price for this property is $390,000.
    What are key features of this property?
    This property features: - Located in a Federal Opportunity Zone and Community Reinvestment Area offering up to 100% tax abatement for 15 years on improvements.; - Prime location in the Aerozone Alliance TechPark, adjacent to Cleveland Hopkins International Airport and NASA.; - Zoning U6 allows for commercial, research, and development.
    (216) 525-1474
    Request Owner's contact information
    22649 Cedar Point Rd Brook Park, OH 44142
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    22649 Cedar Point Rd Brook Park, OH 44142
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