13570 Falling Water Rd Strongsville, OH 44136
This exceptional 5.27-acre parcel in Strongsville, Ohio, presents a rare opportunity for commercial development. Zoned for shopping centers, this property boasts a highly desirable location, immediately adjacent to established retail powerhouses like The Plaza at Southpark, Ledgewood Commons, and Royalton Collection. Convenient access is ensured via easements providing multiple entry points from Royalton Road (SR 82) and Falling Water Road, including a signalized entry off Royalton Road. The property's strategic position across from Southpark Mall and other major retail centers capitalizes on the area's robust demographics, serving a 5-mile population of 140,401 with an average household income of $105,949. Strongsville's retail market is exceptionally strong, ranking in the 93rd percentile in Ohio and the 90th percentile nationwide, attracting 9.1 million annual visits. Neighboring retail centers such as Southpark Mall (1.2 million annual visitors), The Plaza at Southpark (553,000 annually), and Greens of Strongsville (394,000 annually) further underscore the area's high traffic volume. The property's tax parcel number is 396-14-015, and surveys and easement copies are readily available. This significantly reduced price of $550,000 represents an unparalleled investment opportunity in a booming market. Don't miss this chance to acquire a prime commercial land parcel in one of Northeast Ohio's most sought-after retail locations.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.