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    11745 Pearl Rd Strongsville, OH 44136

    For Sale
    $329,000

    1.81 Acres, High Traffic Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 1.81-acre commercial land parcel in Strongsville, Ohio, presents a remarkable investment opportunity. Located at 11745 Pearl Road (SR-42), this property boasts approximately 235 feet of frontage and approximately 390 feet of depth, situated at a traffic signal with an estimated 23,600 vehicles passing daily. The General Business (G-B) zoning allows for a wide range of retail uses. While a 1,064 square foot, three-bedroom, two-bathroom home is present on the site, it has structural issues and a report detailing these is available. The property offers convenient highway access, situated just 2.5 miles from the I-71/SR-82 (Royalton Road) interchange. Utilities are available on-site. Please note that a Phase 1 environmental study, geotechnical report, and wetland study have not yet been conducted. Annual property taxes for 2022 were $3,901. The asking price for this strategically located parcel is $329,000. Potential exists for upgrading the traffic signal to a four-way intersection. This property is in Cuyahoga County, Ohio, zip code 44136.

    Property Features for 11745 Pearl Rd

    General Information

    Property type
    Land
    Lot Size
    78,844 SF

    HighLights

    • $329,000 asking price for 1.81 acres of commercial land.
    • 1.81‑acre lot with approximately 235 feet of frontage on Pearl Road (SR‑42).
    • Zoned General Business (G‑B), allowing for various retail uses.
    • High traffic count of approximately 23,600 vehicles.
    • Convenient highway access, 2.5 miles to I‑71/SR‑82 interchange.
    • 2022 annual property taxes: $3,901.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Strongsville
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.8359483
    Latitude
    41.3267258

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    FAQs

    What type of property is this?
    Land - 1.81 Acres, High Traffic Location
    Where is this land located?
    The property is located at 11745 Pearl Rd Strongsville, OH.
    What is the asking price?
    The asking price for this property is $329,000.
    What are key features of this property?
    This property features: $329,000 asking price for 1.81 acres of commercial land.; 1.81-acre lot with approximately 235 feet of frontage on Pearl Road (SR-42).; Zoned General Business (G-B), allowing for various retail uses.
    (330) 722-5002
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    11745 Pearl Rd Strongsville, OH 44136
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    Strongsville, OH 44136
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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
    11745 Pearl Rd Strongsville, OH 44136
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