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Prime Commercial Land Opportunity
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5940 Mayfield Rd, Mayfield Heights, OH 44124

Undeveloped land parcel in dense east side suburb.

Property SizeContact for details
Lot Size6.00 Acres
Days on Market857

Property Features for 5940 Mayfield Rd

General Information

Standard status Active
Lot size 6.00 Acres
Property subtype Land
Zoning U-4
Listing Agency: Hanna Commercial Real Estate Cleveland
Listed By: Tony Visconsi · License #OH SAL.0000375098
Source: Crexi
Added: Jun 16, 2024 Changed: Oct 19 Last Checked: Oct 19 at 7:27AM

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 Hanna Commercial Real Estate Cleveland

Rey
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Investment Insights

Based on property information with market context.

This property offers an opportunity for mixed-use development in a dense east side suburb. The site includes up to approximately 6 acres of prime commercial land, representing the largest undeveloped land parcel in the area. Leasing opportunities are available. The location is suitable for a retail anchor, medical office, or senior living facility. New tenants include Starbucks, Raising Cane's, Verizon, and Sheetz gas station.

Key Highlights

  • Largest undeveloped land parcel in the area.
  • Mixed‑use development opportunity in a dense east side suburb.
  • Anchor retail opportunity available.

Property Analytics

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Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Storage Facility Building Supply Carpet & Flooring Store Hotel & Motel

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

992
Businesses Nearby

Demographics for 44124, OH

40,530
Population
20,064
Households
2
Avg Household Size
44
Median Age
51%
College-Educated
96%
High-School Grad
15.2 sq mi
ZIP Area
2,666
Density / Sq Mi
$78,895
Median Household Income
$55,741
Median Earnings
$1,132
Median Rent
$210,600
Median Home Value
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Frequently Asked Questions

What type of property is this?
Commercial land - Undeveloped land parcel in dense east side suburb.
Where is this commercial land located?
The property is located at 5940 Mayfield Rd Mayfield Heights, OH.
What are key features of this property?
This property features: Largest undeveloped land parcel in the area.; Mixed‑use development opportunity in a dense east side suburb.; Anchor retail opportunity available.
(216) 861-5349 Call to check price and availability
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