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    Acorn Dr Independence, OH 44131

    For Sale
    $800,000

    4.88 Acres, U5 Zoning, $800,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 4.88-acre commercial land parcel presents a unique investment opportunity in Independence, Ohio. Located in Cuyahoga County, at the end of a cul-de-sac on Acorn Drive, 44131, this property boasts a highly desirable U5 zoning designation, perfectly suited for office or research facilities. The site's strategic location offers unparalleled convenience, situated minutes from major transportation arteries including I-77 and I-480, ensuring effortless access for employees and clients. The surrounding area is rich with amenities, including hotels and restaurants, enhancing the property's appeal and potential for development. The lot is situated behind a cleared 3-acre lot, suggesting a potential for synergistic development. Its size and zoning make it particularly well-suited for a medical building, given its proximity to established healthcare infrastructure. Detailed information is available upon request. The asking price for this exceptional property is $800,000. Broker co-op is available. This is a rare opportunity to acquire a significant commercial land holding in a thriving location. Don't miss out on this chance to build your vision in a prime Ohio location.

    Property Features for 0 Acorn Dr

    General Information

    Property type
    Land
    Lot Size
    212,573 SF

    HighLights

    • $800,000 asking price for 4.88 acres of commercial land.
    • U5 zoning permits office/research uses.
    • Located in Independence, OH (Cuyahoga County), near I‑77 and I‑480.
    • Site is at the end of a cul‑de‑sac, minutes from amenities.
    • Broker co‑op available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Independence
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.660041720894
    Latitude
    41.392747929247

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      Renovated Office Building Near I-77

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    FAQs

    What type of property is this?
    Land - 4.88 Acres, U5 Zoning, $800,000
    Where is this land located?
    The property is located at Acorn Dr Independence, OH.
    What is the asking price?
    The asking price for this property is $800,000.
    What are key features of this property?
    This property features: $800,000 asking price for 4.88 acres of commercial land.; U5 zoning permits office/research uses.; Located in Independence, OH (Cuyahoga County), near I-77 and I-480.
    Request Owner's contact information
    Acorn Dr Independence, OH 44131
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    Independence, OH 44131
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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
    Acorn Dr Independence, OH 44131
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