0 28649–28749 Miles Rd Moreland Hills, OH 44022
This exceptional 12.84-acre commercial land parcel, located at 28649-28749 Miles Road in Moreland Hills, Ohio (44022), presents a unique investment opportunity. The property is zoned S-1 Special Residential District and features two parcels, APN 901-36-014 and 901-36-015. Situated in a high-income area with a median household income of $150,000, this location boasts an enviable position across the street from the established Miles Farmers Market. The site benefits from its proximity to upscale shopping at Pinecrest, including Whole Foods Market, RH Cleveland, REI, and a new Porsche dealership. Outdoor enthusiasts will appreciate the nearby South Chagrin Metroparks Reservation (1,438 acres). Excellent access to major transportation arteries, including SR 422, I-271, and I-480, ensures convenient connectivity. Furthermore, the property is served by the highly-rated Orange City Schools, ranked 17th out of 607 schools in Ohio. Contact us for pricing and further details on this prime commercial land opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.