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    2343 Superior Ave Cleveland, OH 44114

    For Lease
    Contact for pricing

    Prime .55-acre lot, ideal build-to-suit.

    Lot size:
    23,958 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional .55-acre commercial land parcel presents a unique opportunity for development. Strategically located at the signalized intersection of Superior Avenue East and East 24th Street in Cuyahoga County, Ohio, this single-tenant site offers unparalleled visibility and accessibility. The property benefits from convenient freeway access to I-90 East (connecting to SR-2), and I-90 West (linking to I-71 and I-77), ensuring seamless transportation for both employees and customers. This location places the property within the vibrant Superior Arts District, just one block north of the Cleveland State University campus district and a mile east of Public Square. The site is available for ground lease or build-to-suit options, providing flexibility for various development projects. Furthermore, the property's location will benefit from the upcoming Cleveland Midway Superior Avenue project, a significant initiative scheduled to begin in 2025, designed to enhance safety and accessibility for pedestrians, cyclists, drivers, and public transit users along Superior Avenue from East 55th Street to Public Square. This planned infrastructure improvement will further elevate the property's value and appeal. Don't miss this chance to secure a prime commercial land parcel in a rapidly developing area.

    Property Features for 2343 Superior Ave

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    23,958 SF

    Unit(s) available at that property

    Space
    Size
    23,958 SF

    HighLights

    • +/- 0.55 acres available for ground lease or build‑to‑suit.
    • Located at the signalized intersection of Superior Ave and E 24th St.
    • Convenient freeway access to I‑90 E, SR‑2, I‑90 W, I‑71, and I‑77.
    • Situated along the Cleveland Midway Superior Avenue project (improving pedestrian, bike, and transit safety, starting 2025).
    • Located in the Superior Arts District, one block from CSU and one mile east of Public Square.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    dimension auto repair Auto Repair Shop

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Cleveland
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.6756493
    Latitude
    41.5089628

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    FAQs

    What type of property is this?
    Land - Prime .55-acre lot, ideal build-to-suit.
    Where is this land located?
    The property is located at 2343 Superior Ave Cleveland, OH.
    What are key features of this property?
    This property features: +/- 0.55 acres available for ground lease or build-to-suit.; Located at the signalized intersection of Superior Ave and E 24th St.; Convenient freeway access to I-90 E, SR-2, I-90 W, I-71, and I-77.
    Request Owner's contact information
    2343 Superior Ave Cleveland, OH 44114
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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
    2343 Superior Ave Cleveland, OH 44114
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