Property profile

0 Lombardo Ctr Independence, OH 44131

OFF-MARKET
Land
0.71 ac lot
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Property summary

AI-generated overview

This exceptional 0.706-acre commercial land parcel presents a remarkable investment opportunity in the thriving Lombardo Center, located in Seven Hills, Ohio, within Cuyahoga County. Situated just west of the heavily trafficked I-77/I-480 corridor and conveniently positioned off Rockside Road at a signalized intersection, this property boasts unparalleled visibility and accessibility. The lot is zoned for PUD - Multiple Uses, offering considerable flexibility for a variety of retail developments. Existing utilities are readily available along Rockside Road, simplifying the development process. Furthermore, the strategic location allows for prominent signage opportunities along Rockside Road, ensuring maximum brand exposure. The property's APN is 55119027. This prime location, combined with its versatile zoning and excellent visibility, makes this a truly exceptional opportunity for investors seeking a high-impact retail development site. The asking price for this exceptional property is $375,000. Further details regarding zoning regulations are available upon request. Don't miss this chance to secure a highly visible and strategically located retail lot in a dynamic market.

Property profile

Verified
Property type Land
Lot 0.71 ac (30,753 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Lombardo Ctr Independence, OH 44131
Independence metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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