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Property profile & analytics
OFF-MARKET
Land

0 28649–28749 Miles Rd Moreland Hills, OH 44022

12.84 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 12.84 ac (559,310 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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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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