Commercially Zoned Vacant
For Sale
$39,999
1426 E 115th Street, Cleveland, OH 44106
LAND - Cleveland, OH
Lot Size0.20 Acres
Days on Market124
Property Features for 1426 E 115th Street
General Information
Property type
Land
Property subtype
Other
Parking features
On Street
Subdivision
Knowlton
Elementary school district
Cleveland Municipal - 1809
Middle school district
Cleveland Municipal - 1809
High school district
Cleveland Municipal - 1809
Directions
Take Exit 177 for Martin Luther King Jr. Dr. Head south on Martin Luther King Jr. Dr. Turn left (east) onto St. Clair Ave. Continue on St. Clair Ave for about 1 mile. Turn right onto E 115th St. Drive south a short distance - you'll reach 1426 E 115th St on your left
Standard status
Active
APN
120-09-131
Lot size
0.20 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
387 000B
Tax Annual Amount
55
Legal Description
387 000B
Utilities
Sewer type
Public Sewer
Water source
Public
Listing Agency:
EXP Realty, LLC.
(866) 212-4991
Listed By:
Squire Chapman · License #2023004788
(440) 622-0270
Added: Mar 30
Changed: Jun 1
Last Checked: Jul 31 at 6:06PM
MLS# 5197237
Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This commercially zoned vacant land, designated for low-density apartment use, is situated in a prime location within a five-minute walk of Case Western Reserve University. It is also a short drive from University Hospital's main campus and Cleveland Clinic's main campus. The lot presents an opportunity for various commercial uses in a high-demand area near major medical institutions and universities, with ongoing development in the vicinity. The location offers convenient access to major roads, hospitals, and university amenities. The average student rental rate for a two-bedroom unit ranges from $1150 to $2000 per month, potentially allowing for the development of a high CAP rate asset in a sustainable and rapidly appreciating area.
Key Highlights
- Prime location: Less than 5 minutes walking distance from Case Western Reserve University.
- Commercially zoned vacant land offering a variety of potential commercial uses.
- High‑demand location surrounded by major medical institutions, universities, and ongoing development.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4,432
Businesses Nearby
Explore this area
Business Placement
Demographics for 44106, OH
26,608
Population
13,287
Households
2
Avg Household Size
29
Median Age
47%
College-Educated
89%
High-School Grad
4.3 sq mi
ZIP Area
6,188
Density / Sq Mi
$42,869
Median Household Income
$27,056
Median Earnings
$1,024
Median Rent
$241,600
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - Vacant land near Case Western Reserve University and major hospitals.
Where is this commercial land located?
The property is located at 1426 E 115th Street Cleveland, OH.
What is the asking price?
The asking price for this property is $39,999.
What are key features of this property?
This property features: Prime location: Less than 5 minutes walking distance from Case Western Reserve University.; Commercially zoned vacant land offering a variety of potential commercial uses.; High‑demand location surrounded by major medical institutions, universities, and ongoing development.
