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    2177 9Th St Cleveland, OH 44115

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    For Sale
    Contact for pricing

    1.12-Acre Build-to-Suit Opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.12-acre development site, located at 2177 E 9th St in Cleveland, Ohio (zip code 44115), presents a unique build-to-suit opportunity for hospitality, residential, or retail projects. The property boasts a highly desirable location in the heart of Downtown Cleveland, offering unparalleled visibility and convenient access to major transportation arteries. Zoned GR-6 General Retail Business, this versatile site is ready for immediate development. Utilities are readily available, simplifying the construction process. Its strategic position provides easy access to Interstates 90 and 77, ensuring excellent connectivity for residents, employees, and customers. Furthermore, the site's proximity to Progressive Field and Rocket Mortgage Fieldhouse adds significant value, capitalizing on the high foot traffic and vibrant atmosphere of these popular venues. This prime location offers developers a chance to create a landmark project in a thriving urban core. The property is available for sale or lease, making it an attractive proposition for various investment strategies. Consider the potential for a mixed-use development, leveraging the site's versatility and prime location to maximize returns. This is a rare opportunity to acquire a significant parcel of land in one of Cleveland's most dynamic neighborhoods.

    Property Features for 2177 9Th St

    General Information

    Property type
    Hotels
    Lot Size
    48,787 SF

    HighLights

    • High visibility location.
    • Excellent highway access via I‑90 and I‑77.
    • Prime Downtown Cleveland location, near Progressive Field and Rocket Mortgage Fieldhouse.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hotels

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Cleveland
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.6844758
    Latitude
    41.4981812

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    FAQs

    What type of property is this?
    Hotel - 1.12-Acre Build-to-Suit Opportunity
    Where is this hotel located?
    The property is located at 2177 9Th St Cleveland, OH.
    What are key features of this property?
    This property features: High visibility location.; Excellent highway access via I-90 and I-77.; Prime Downtown Cleveland location, near Progressive Field and Rocket Mortgage Fieldhouse.
    Request Owner's contact information
    2177 9Th St Cleveland, OH 44115
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    Cleveland, OH 44115
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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
    2177 9Th St Cleveland, OH 44115
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