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    6811 Carnegie Ave Cleveland, OH 44103

    For Sale
    Contact for pricing

    Prime 0.67-acre retail site, 32,000 SF.

    Property size:
    32,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 0.67-acre commercial land parcel, identified as Midtown Commerce Center - Site B, presents a remarkable opportunity for retail development in Cleveland, Ohio. Located at 6811 Carnegie Ave, in the heart of Midtown, this property boasts a substantial 32,000 square feet of buildable area, zoned MMUD-3. The site is conveniently situated near I-90, ensuring excellent highway accessibility and high visibility for any future business. All necessary utilities are readily available to the site, simplifying the development process. The property's strategic location within Cuyahoga County, Ohio, and its 44103 zip code, offers unparalleled access to a thriving consumer base. This is an ideal location for a variety of retail ventures, capitalizing on the high traffic volume and strong local demographics. The 0.67-acre lot size provides ample space for a substantial development, allowing for flexibility in design and functionality. This is a rare opportunity to acquire a prime retail site in a rapidly developing area of Cleveland. Serious inquiries are encouraged.

    Property Features for 6811 Carnegie Ave

    General Information

    Property type
    Land
    Square Feet
    32,000 SF
    Lot Size
    29,185 SF

    HighLights

    • 0.67‑acre site.
    • MMUD‑3 zoning.
    • Utilities on‑site.
    • Excellent I‑90 access.
    • High‑visibility location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair 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
    -81.6423
    Latitude
    41.501911

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    FAQs

    What type of property is this?
    Land - Prime 0.67-acre retail site, 32,000 SF.
    Where is this land located?
    The property is located at 6811 Carnegie Ave Cleveland, OH.
    What are key features of this property?
    This property features: 0.67-acre site.; MMUD-3 zoning.; Utilities on-site.
    Request Owner's contact information
    6811 Carnegie Ave Cleveland, OH 44103
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    Cleveland, OH 44103
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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
    6811 Carnegie Ave Cleveland, OH 44103
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