Current Use by Public Records
- Land
Property Details for 0 I-77 & Pershing Ave
- Lot size
- 40.00 lot acres
- Property type
- Land
Description
This exceptional 40-acre commercial land parcel, strategically located in Newburgh Heights, Ohio (Cuyahoga County, zip code 44105), presents a unique investment opportunity. Situated at the intersection of I-77 and Pershing Avenue in Cleveland, this GI-A3 zoned property boasts unparalleled access to major transportation arteries. The site is less than a tenth of a mile from two highway exits, providing seamless connectivity for logistics and distribution. Furthermore, the property is rail-ready, featuring existing rail access directly to the site, enhancing its suitability for various industrial uses. The site's infrastructure is robust, with significant heavy utility capacity already in place. Offering exceptional visibility with one mile of highway frontage, this location is ideal for high-impact development. The property can accommodate the construction of two 400,000 square foot buildings. For added flexibility, the site is divisible into 15-acre parcels, catering to a range of development scenarios. The asking price for this prime industrial land is $7,100,000. This presents a rare chance to acquire a large, well-located, and highly functional industrial site in a thriving Ohio market.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Newburgh Heights
- County
- Cuyahoga
- State
- Ohio
- Longitude
- -81.6572
- Latitude
- 41.4524
