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Property profile & analytics
OFF-MARKET
Land

2155 Hubbard Rd Pepper Pike, OH 44124

8.13 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 8.13-acre commercial land parcel, located at 2155 Hubbard Rd in Pepper Pike, Ohio (zip code 44124), presents a unique investment opportunity. The property, identified by APN 01-B-096-0-00-004-0, is zoned R-4: Multiple Dwellings District, offering significant development potential. According to the Use Regulations for R-4 zoned areas as of January 1st, 1996, permitted uses may include those allowed in R-1, R-2, and R-3 single-family districts. This opens the door to a variety of residential development options. Specifically, the zoning allows for a residential condominium development, any type of dwelling unit providing housing for two or more families, and accessory buildings or uses customarily incidental to these primary uses, such as storage garages. The property's prime location in Lake County, Ohio, offers easy access to major transportation routes and amenities. The asking price for this expansive land parcel is $375,000. This represents a compelling opportunity for developers seeking to capitalize on the demand for multi-family housing in a desirable location. Serious inquiries are encouraged to explore the full potential of this remarkable property.

Property profile
Verified
Property type Land
Lot 8.13 ac (354,143 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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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