Listing Agency: Hoff & Leigh Show Phone

Listed By: Joe Zumpano · License #SAL.2015004596 Show Phone

Source: Moodyscre

Added: Oct 1, 2024 Changed: Aug 8 Last Checked: Sep 13 at 7:03AM

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Investment Insights

Based on property information with market context.

This is a corner industrial land site where the remaining structures have recently been removed. Boston Heights is currently adding public utilities to the property, which supports future site preparation and development.

The property is described as being just north of the new Fogg Industrial Parks off Seasons Road and Route 8. It is adjacent to the new Ryan Homes development and located just south of Sunbelt Rentals.

The site is presented as a new parcel opportunity in an actively developing area, with utility work underway and an available corner configuration for industrial use.

Key Highlights

• Corner industrial land site just north of the new Fogg Industrial Parks off Seasons Road and Route 8
• Adjacent to the new Ryan Homes development and just south of Sunbelt Rentals
• Remaining structures on the site were recently removed

Property Analytics

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Current Use

Industrial land

Suggested Use

Top Pick Restaurant Pharmacy Garden Center Kitchen & Bath Showroom HVAC Service Big Box & Wholesale Store

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

69

Businesses Nearby

Explore this area Business Placement

Demographics for 44264, OH

3,370

Population

1,494

Households

2.3

Avg Household Size

43

Median Age

55%

College-Educated

98%

High-School Grad

22.4 sq mi

ZIP Area

150

Density / Sq Mi

$118,277

Median Household Income

$55,313

Median Earnings

$1,165

Median Rent

$354,900

Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

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What type of property is this? Where is this industrial 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?

Industrial land - Corner industrial land site with recently removed structures and public utilities being added.

Where is this industrial land located?

The property is located at 5130 Akron Cleveland Rd Peninsula, OH.

What is the asking price?

The asking price for this property is $249,900.

What are key features of this property?

This property features: Corner industrial land site just north of the new Fogg Industrial Parks off Seasons Road and Route 8; Adjacent to the new Ryan Homes development and just south of Sunbelt Rentals; Remaining structures on the site were recently removed