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Commercial Land with Railroad Access
For Lease
$5,500,000

4010 E 116th St, Cleveland, OH 44105

Private driveway access connects the property with East 116th Street.

Space SizeContact for details
Days on Market67

Property Features for 4010 E 116th St

General Information

Standard status Active
Listing Agency: Keller Williams Greater Metropolitan
Listed By: Cliff Louis · License #2017000582
Source: Theacclaimedrealty
Added: Jun 25 Changed: Aug 30 Last Checked: Aug 29 at 9:37AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Greater Metropolitan

Investment Insights

Based on property information with market context.

This commercial land offering at 4010 E 116th Street includes a private driveway leading from the property to the main thoroughfare. A portion of the site has immediate access to an adjacent railroad, and the property information identifies potential for installing a private railroad spur for distribution use.

The property is situated among residential homes and commercial businesses in the Lee and Harvard community. Interstate 71 and Interstate 90 are minutes away, with several Amazon, FedEx, and UPS distribution centers also nearby. The property is offered as one parcel rather than being divided into separate acreage, parcels, or sections.

Key Highlights

  • 14.01 acres of commercial land
  • Private driveway access from East 116th Street
  • Immediate access to an adjacent railroad

Property Analytics

Current Use

Commercial Induction Inc. Professional Services

Suggested Use

Top Pick Real Estate Agency Dental Office Restaurant Law Firm Building Supply 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.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

226
Businesses Nearby

Demographics for 44105, OH

34,100
Population
17,528
Households
1.9
Avg Household Size
38
Median Age
11%
College-Educated
83%
High-School Grad
8.9 sq mi
ZIP Area
3,831
Density / Sq Mi
$38,294
Median Household Income
$32,389
Median Earnings
$888
Median Rent
$56,400
Median Home Value

Market

Vacancy Rate% for Industrial in Cleveland, OH

3.8% 2019
3.7% 2020
3.6% 2021
3% 2022
2.7% 2023
2.7% 2024
3.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Private driveway access connects the property with East 116th Street.
Where is this commercial land located?
The property is located at 4010 E 116th St Cleveland, OH.
What is the lease rate?
The lease rate is $5,500,000.
What are key features of this property?
This property features: 14.01 acres of commercial land; Private driveway access from East 116th Street; Immediate access to an adjacent railroad
More about this property
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