Listing Agency: Hanna Commercial Real Estate Cleveland

Listed By: Tony Visconsi · License #OH SAL.0000375098 Show Phone

Source: Crexi

Added: Jun 16, 2024 Changed: Aug 16 Last Checked: Sep 1 at 8:48PM

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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

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Auto Repair Shop Restaurant Building Supply Real Estate Agency Hair Salon Garden Center

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

Explore this area Business Placement

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

Questions? Ask Rey

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What type of property is this? Where is this commercial land located? What is the asking price? Find similar properties What are key features of this property?

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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.