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Property profile & analytics
OFF-MARKET
Land

1814 45Th St Cleveland, OH 44103

6.64 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 6.64-acre industrial land parcel presents a prime development opportunity in Cleveland's Midtown Corridor. Located at 1814 E 45th St, Cleveland, OH 44103 (APN 104-28-015), this property is zoned GI-B3 and offers unparalleled access to major highways, ensuring seamless logistics. All utilities, including heavy power, are readily available. Currently undergoing site reclamation, the land is projected to be ready for development by early 2024. The site will be prepared with a level surface, featuring crushed stone and/or paving, providing a solid foundation for immediate construction. The asking price is $996,000, translating to approximately $150,000 per acre. This represents a significant investment opportunity in a rapidly developing area with excellent infrastructure and accessibility. The property's strategic location and prepared state make it ideal for a variety of industrial uses, offering substantial potential for future growth and return. Don't miss this chance to acquire a ready-to-develop site in a thriving Cleveland location.

Property profile
Verified
Property type Land
Lot 6.64 ac (289,238 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • General Electric Electric Utility Company
  • FilmzFatale Studios Film Production Television Studio
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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