Property profile

28040 Miles Rd Solon, OH 44139

OFF-MARKET
Land
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Property summary

AI-generated overview

This 1.07-acre commercial land parcel presents a unique redevelopment opportunity in Solon, Ohio. Situated at the highly visible corner of Miles and Brainard Roads, this property benefits from a signalized intersection with dual access, ensuring excellent visibility and convenient ingress/egress. The site is ideally positioned as a gateway to both Orange Village and Solon, offering exceptional access to a substantial consumer base. Within a five-mile radius, there are 132,302 residents, and a ten-minute drive encompasses a daytime population of 85,773. The location's strategic placement on the "going-to-work" side of the street further enhances its appeal. This property is less than five minutes from the I-480 and I-271 interchanges, providing easy access to major transportation arteries. The property is offered as a ground lease, making it an attractive option for developers seeking a prime location for new construction. This is a single-tenancy site in Cuyahoga County, Ohio, with the address listed as 28040 Miles Rd, Solon, OH 44139. The property's high visibility and convenient location make it an exceptional investment opportunity for businesses seeking a strong presence in a thriving community.

Property profile

Verified
Property type Land

Cap rate & NOI

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

Location

28040 Miles Rd Solon, OH 44139
Solon metro
Google Maps

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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