Redevelopment Opportunity in Beachwood,
3663 Park East Drive, Beachwood, OH 44122
9.98 AC site for mixed-use development near I-271.
Type:Retail, Land
Lot size:
9.98 Acres- Added:
- Feb 6, 2026
- Days on Market:
- 95
- Last Refresh:
- Mar 17 at 1:14 pm
Property Features for 3663 Park East Drive
General Information
- Standard status
- Active
- Lot size
- 9.98 Acres
- Property subtype
- Retail, Land
Listing agent Rico Pietro License #OH BRK.2016000871
Listing office Cushman & Wakefield CRESCO Real Estate
Listing date Feb 6, 2026
Source Crexi
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 Cushman & Wakefield CRESCO Real Estate
HighLights
- Prime location at the intersection of I‑271 and Chagrin Boulevard with exceptional visibility and access.
- Fully entitled 9.98 AC site with zoning (U‑4C) allowing for diverse development options: multifamily, office, retail, hospitality, and medical.
- Key upfront due diligence completed: zoning approvals, Phase I environmental, ALTA survey, and demolition planning.
- High traffic count: Exposure to more than 160,000 vehicles per day along I‑271.
- Located in an affluent submarket with high household incomes, dense employment, and established luxury retail, healthcare, and office anchors.
- Potential for economic incentives and tax abatement based on project scope.
Overview
Located at 3663 Park East Drive in Beachwood, Ohio, this 9.98-acre property presents a redevelopment opportunity within a submarket with limited supply. The fully entitled site is situated at the intersection of I-271 and Chagrin Boulevard, providing regional visibility and access. The property, formerly a full-service hotel, has undergone due diligence, including zoning approvals, Phase I environmental work, ALTA survey, and demolition planning. Zoned U-4C, the property allows for various uses, including multifamily, office, retail, hospitality, and medical, enabling phased or master-planned development strategies. The site benefits from exposure to over 160,000 vehicles per day along I-271 and is located within a trade area characterized by high household incomes, dense employment, and established luxury retail, healthcare, and office anchors. The municipality is open to economic incentives and tax abatement based on project scope, offering a platform for near-term development and long-term value creation.
Location Intelligence
Current Use by Public Records
Commercial land
Location Insight
- Map
- Local Demand
- City
- Beachwood
- County
- Cuyahoga
- State
- Ohio
- Longitude
- -81.5121
- Latitude
- 41.4698
Nearby Similar for Sale
FAQs
What type of property is this?
Commercial land - 9.98 AC site for mixed-use development near I-271.
Where is this commercial land located?
The property is located at 3663 Park East Drive Beachwood, OH.
What are key features of this property?
This property features: Prime location at the intersection of I‑271 and Chagrin Boulevard with exceptional visibility and access.; Fully entitled 9.98 AC site with zoning (U‑4C) allowing for diverse development options: multifamily, office, retail, hospitality, and medical.; Key upfront due diligence completed: zoning approvals, Phase I environmental, ALTA survey, and demolition planning.
