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    1946 73Rd St Cleveland, OH 44103

    For Sale
    $240,000

    0.46-acre commercial lot, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 0.46-acre commercial land parcel presents a unique development opportunity in Cleveland, Ohio. Situated at the corner of Chester Avenue and E 73rd Street, this property boasts 182 feet of frontage on Chester Avenue, offering significant visibility and accessibility. The land is comprised of five parcels and is located within the Midtown Mixed-use District, a vibrant area experiencing significant growth. The property's zoning is designated as "Opportunity," allowing for a wide range of potential development projects. Its strategic location places it within the Health-Tech Corridor, further enhancing its investment appeal. The asking price for this exceptional property is $240,000. This is a rare chance to acquire a substantial land holding in a rapidly developing area of Cleveland, ideally suited for a variety of commercial ventures. The property's designation as an Opportunity Zone provides additional tax advantages for qualified investors. Don't miss this chance to capitalize on the potential of this prime Cleveland location. The address is 1946 E 73rd St, Cleveland, OH 44103, in Cuyahoga County.

    Property Features for 1946 73Rd St

    General Information

    Property type
    Land
    Lot Size
    20,038 SF

    HighLights

    • Midtown location.
    • 182 feet of frontage on Chester Avenue.
    • Located in an Opportunity Zone.
    • Situated in the Health‑Tech Corridor.
    • Corner lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cleveland
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.6381509
    Latitude
    41.505594

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    FAQs

    What type of property is this?
    Land - 0.46-acre commercial lot, prime location.
    Where is this land located?
    The property is located at 1946 73Rd St Cleveland, OH.
    What is the asking price?
    The asking price for this property is $240,000.
    What are key features of this property?
    This property features: Midtown location.; 182 feet of frontage on Chester Avenue.; Located in an Opportunity Zone.
    (330) 940-9360
    Request Owner's contact information
    1946 73Rd St Cleveland, OH 44103
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    Cleveland, OH 44103
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1946 73Rd St Cleveland, OH 44103
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