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    4914 Richmond Rd Warrensville Heights, OH 44128

    For Lease
    Contact for pricing

    Prime Warrensville Heights land, commercial/residential.

    Lot size:
    304,920 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional development opportunity presents a highly visible parcel of land in Warrensville Heights, Ohio, situated at 4914 Richmond Road. The property boasts a prime location on a major commuter route, offering unparalleled accessibility. Its proximity to Interstates 271 and 480 (less than a quarter-mile from the intersection of Richmond and Miles Roads) ensures high traffic volume and visibility. The site is strategically positioned within a thriving employment hub, with over 50,000 employees located within a three-mile radius, creating a strong potential customer base for any development. The property's zoning allows for both commercial and residential uses, providing flexibility for a wide range of development projects. The available land area ranges from 0.91 to 7.0 acres, offering scalability to accommodate various project sizes and scopes. This is an exceptional chance to capitalize on a high-demand location in a rapidly growing area of Cuyahoga County, Ohio, with a 44128 zip code. The property's versatility and strategic location make it an ideal investment for developers seeking a high-impact project with significant long-term potential. The site is ready for immediate development, presenting a unique opportunity to shape the future of this vibrant community. Detailed site plans and zoning information are available upon request.

    Property Features for 4914 Richmond Rd

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    304,920 SF

    Unit(s) available at that property

    Space
    0.86-7.0 AC
    Size
    304,920 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Warrensville Heights
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.498004486155
    Latitude
    41.427334095518

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    FAQs

    What type of property is this?
    Land - Prime Warrensville Heights land, commercial/residential.
    Where is this land located?
    The property is located at 4914 Richmond Rd Warrensville Heights, OH.
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    Warrensville Heights, 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
    4914 Richmond Rd Warrensville Heights, OH 44128
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