Listing Agency: Cushman & Wakefield CRESCO Real Estate

Listed By: Rico Pietro · License #OH BRK.2016000871

Source: Crexi

Added: Apr 10 Changed: Aug 8 Last Checked: Aug 8 at 10:47AM

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Investment Insights

Based on property information with market context.

This offering consists of approximately seven acres of commercial land for sale in Independence, OH. The property is zoned for nursing and assisted living.

The site address is 5711 Lombardo Center, Independence, OH 44131. The zoning designation is specifically for nursing/assisted living, which may be relevant for buyers underwriting a related development concept.

Please note that no additional improvements or site features were provided in the listing information.

Key Highlights

• 7 acres of commercial land for sale in Independence
• $1,603,000 total asking price ($229,000 per acre)
• Zoned for nursing and assisted living development

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Parking Lot & Garage Storage Facility Hair Salon Furniture & Home Goods (Bike/Boat/Book/etc) Store Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,444

Businesses Nearby

Explore this area Business Placement

Demographics for 44131, OH

20,664

Population

8,861

Households

2.3

Avg Household Size

49

Median Age

40%

College-Educated

97%

High-School Grad

15.7 sq mi

ZIP Area

1,316

Density / Sq Mi

$98,838

Median Household Income

$59,474

Median Earnings

$1,512

Median Rent

$252,400

Median Home Value

Questions? Ask Rey

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What type of property is this? Where is this commercial land located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Commercial land - Seven acres of commercial land available, zoned for nursing and assisted living development.

Where is this commercial land located?

The property is located at 5711 Lombardo Center Independence, OH.

What are key features of this property?

This property features: 7 acres of commercial land for sale in Independence; $1,603,000 total asking price ($229,000 per acre); Zoned for nursing and assisted living development