Listing Agency: Trinity Commercial Realty

Listed By: Gary Pescatrice · License #OH 0000241394

Source: Crexi

Added: Oct 27, 2023 Changed: Jul 10 Last Checked: Jul 31 at 11:59AM

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Investment Insights

Based on property information with market context.

Seven parcels of land are available for sale or land lease, suitable for a build-to-suit development. Located on Lorain Avenue and W 147th, the parcels are identified as 02428007, 008, 009, 010 on Lorain Avenue and 02428011, 02428012, and 02428014 on W 147th. Existing buildings on the site will need to be demolished. The combined area of the parcels is approximately 1.149 acres. This corner location is well-suited for retail space. The total taxes for the parcels are $17,491.52.

Key Highlights

• 1.149 Acres of Land Available
• Great Corner Location Ideal for Retail Space
• Suitable for Sale or Land Lease / Build to Suit

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Spa & Massage Center Hair Salon Nail Salon

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

566

Businesses Nearby

Explore this area Business Placement

Demographics for 44111, OH

41,045

Population

19,041

Households

2.2

Avg Household Size

38

Median Age

25%

College-Educated

85%

High-School Grad

6.5 sq mi

ZIP Area

6,315

Density / Sq Mi

$54,790

Median Household Income

$38,151

Median Earnings

$938

Median Rent

$130,000

Median Home Value

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Frequently Asked Questions

What type of property is this?

Commercial land - Seven land parcels available for sale or land lease.

Where is this commercial land located?

The property is located at 14734 Lorain Ave Cleveland, OH.

What is the asking price?

The asking price for this property is $1,350,000.

What are key features of this property?

This property features: 1.149 Acres of Land Available; Great Corner Location Ideal for Retail Space; Suitable for Sale or Land Lease / Build to Suit