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    Millcreek Blvd Highland Hills, OH 44122

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    For Sale
    Contact for pricing

    31-Acre Mixed-Use Land in Highland Hills, OH

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 31-acre development site, located in the highly sought-after Chagrin Corridor of Northeast Ohio, presents a unique opportunity for new construction. Situated on Millcreek Boulevard in Highland Hills, OH (zip code 44122), this property boasts a Mixed Use - Planned Unit Development (PUD) zoning designation, allowing for a diverse range of uses. Permitted uses include office, retail, light industrial, warehousing, wholesale buildings, and specific medical facilities. The site's strategic location provides convenient access to major interstates, ensuring efficient regional and national distribution. The property offers ingress and egress points on both Harvard and Green Roads, enhancing accessibility. Its proximity to a skilled workforce, numerous restaurants, hotels, banks, and high-end retail establishments further enhances its appeal. This prime location within a high-demand submarket offers significant advantages, including reduced transportation costs and lead times, making it ideal for businesses seeking efficient operations. Development incentives are also available. APN: 751-01-023. Ownership: DBL Development.

    Property Features for 0 Millcreek Blvd

    General Information

    Property type
    Land
    Lot Size
    1,350,360 SF

    HighLights

    • 31‑acre development site in the highly desirable Chagrin Corridor of Northeast Ohio.
    • Excellent access to major highways for regional and national distribution.
    • Development incentives are available.
    • Strategic location reduces transportation costs and lead times.
    • Multiple ingress/egress points on Millcreek Boulevard via Harvard and Green Roads.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Highland Hills
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.5231945
    Latitude
    41.4489955

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    FAQs

    What type of property is this?
    Land - 31-Acre Mixed-Use Land in Highland Hills, OH
    Where is this land located?
    The property is located at Millcreek Blvd Highland Hills, OH.
    What are key features of this property?
    This property features: 31-acre development site in the highly desirable Chagrin Corridor of Northeast Ohio.; Excellent access to major highways for regional and national distribution.; Development incentives are available.
    (216) 525-1487
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    Millcreek Blvd Highland Hills, OH 44122
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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
    Millcreek Blvd Highland Hills, OH 44122
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