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    Miles Rd North Randall, OH 44128

    Sponsored
    For Sale
    $349,000

    High-profile commercial land, 0.96 acres.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.96-acre commercial land parcel presents a unique investment opportunity in North Randall, Ohio. Located on Miles Road, this high-profile site boasts convenient access to major transportation arteries, including Interstates 480 and 271, ensuring excellent visibility and accessibility for any commercial venture. Recently rezoned for commercial development, the property is zoned for mixed use, offering flexibility for a variety of development plans, including office or retail spaces. Its strategic location near the Amazon Fulfillment Center capitalizes on the growing daytime population and offers significant potential for attracting a diverse clientele. The asking price for this prime commercial land is $349,000. The property's address is Miles Rd, Warrensville Heights, OH 44128, situated in Cuyahoga County. This is an ideal location for businesses seeking high visibility and convenient access to a thriving commercial area. The site's proximity to major highways and a significant employer like Amazon makes it an attractive proposition for investors and developers looking to capitalize on the area's growth and potential. Don't miss this chance to acquire a valuable piece of commercial real estate in a rapidly developing area.

    Property Features for 0 Miles Rd

    General Information

    Property type
    Land
    Lot Size
    41,818 SF

    HighLights

    • High‑profile site at Miles & Richmond Roads.
    • Convenient access to I‑480 & I‑271.
    • Recently rezoned for mixed‑use commercial development.
    • Ideally situated near the Amazon Fulfillment Center.
    • Growing daytime population due to nearby employment.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    North Randall
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.549638
    Latitude
    41.436124

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    FAQs

    What type of property is this?
    Land - High-profile commercial land, 0.96 acres.
    Where is this land located?
    The property is located at Miles Rd North Randall, OH.
    What is the asking price?
    The asking price for this property is $349,000.
    What are key features of this property?
    This property features: High-profile site at Miles & Richmond Roads.; Convenient access to I-480 & I-271.; Recently rezoned for mixed-use commercial development.
    (216) 214-1197
    Request Owner's contact information
    Miles Rd North Randall, OH 44128
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    North Randall, OH 44128
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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
    Miles Rd North Randall, OH 44128
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