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6.2 AC Development Site
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8444 Day Drive, Cleveland, OH 44129

Development site at The Shoppes at Parma power center.

Property Size6 SF
Lot Size6.20 Acres
Days on Market217

Property Features for 8444 Day Drive

General Information

Standard status Active
Size 6 SF
Lot size 6.20 Acres
Property subtype Land
Listing Agency: CBRE | Cleveland
Listed By: Joseph Khouri · License #2008000837
Source: Cbre
Added: Mar 25 Changed: Oct 26 Last Checked: Oct 26 at 1:11PM

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 CBRE | Cleveland

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Investment Insights

Based on property information with market context.

This is a rare 6.2-acre development site located within The Shoppes at Parma, a 756,000-square-foot power center in Northeast Ohio. The Shoppes at Parma is anchored by Walmart, Dick's Sporting Goods, Burlington, Marc's, Fitworks, Old Navy, and Ulta, among others. The property underwent a $100 million redevelopment, transforming the former Parmatown mall into a mixed-use power center. According to a Placer.ai study conducted between October 2020 and October 2021, The Shoppes at Parma ranked highly among shopping centers, placing in the 98th percentile within a 15-mile radius, the 99th percentile in the state of Ohio, and the 98th percentile nationally. Parma is described as a super-regional trade area with a dense population of 244,244 people within a 5-mile radius.

Key Highlights

  • Rare 6.2 AC development site within The Shoppes at Parma.
  • Located in a dominant 756,000 SF power center.
  • High foot traffic location**: Ranks in the 98th‑99th percentile for shopping centers in the region and state.

Property Analytics

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Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Parking Lot & Garage Law Firm HVAC Service Auto Parts 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.

Location Intelligence

Trade Area within ½ mile

1,059
Businesses Nearby

Demographics for 44129, OH

28,803
Population
12,756
Households
2.3
Avg Household Size
40
Median Age
23%
College-Educated
92%
High-School Grad
5.8 sq mi
ZIP Area
4,966
Density / Sq Mi
$67,619
Median Household Income
$39,174
Median Earnings
$1,024
Median Rent
$150,400
Median Home Value
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Frequently Asked Questions

What type of property is this?
Commercial land - Development site at The Shoppes at Parma power center.
Where is this commercial land located?
The property is located at 8444 Day Drive Cleveland, OH.
What are key features of this property?
This property features: Rare 6.2 AC development site within The Shoppes at Parma.; Located in a dominant 756,000 SF power center.; High foot traffic location**: Ranks in the 98th‑99th percentile for shopping centers in the region and state.
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