30760 Center Ridge Rd Westlake, OH 44145
- Car washes
- 1,990 SF
- 1.97 lot acres
Current Use by Public Records
- Car washes
Property Details for 30760 Center Ridge Rd
- Year built
- 1853
- Lot size
- 1.97 lot acres
- Property size
- 1,990 SF
- Zone code
- GB
- Property type
- Car washes
- APN
- 217-07-006
- APU
- 21707006
Description
This exceptional 3.8-acre commercial and residential land parcel presents a unique development opportunity in the highly desirable Westlake, Ohio market. Located at the prominent intersection of Center Ridge Road and Bradley Road, this fee-simple property boasts excellent visibility and frontage on both major thoroughfares. The General Business (GB) zoning allows for a wide range of development possibilities, catering to both commercial and residential uses. Its strategic location offers immediate adjacency to the Cleveland Metroparks Bradley Woods Reservation, a 795-acre park providing a stunning natural backdrop and recreational opportunities. This prime location benefits from proximity to numerous businesses, healthcare facilities, retail centers (Crocker Park & The Promenade), recreational amenities, and highly-rated Westlake schools. The property's convenient access to I-90 provides a quick commute to downtown Cleveland, while Cleveland Hopkins International Airport is only a short drive away. This is one of the last remaining corner development sites in Westlake, making it an exceptional investment opportunity with significant potential for future growth and high return. The APN is 217-16-005. The asking price is $1,650,000. This property offers unparalleled potential for developers seeking a high-profile location in a thriving community.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $230,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $210,000
- 6.5%
- $185,000
- 7%
- $200,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $220,000
- Geo Method
- $170,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $235,000
- Retail
- $245,000
- Mixed-Use
- $190,000
- Hospitality
- $205,000
- Educational
- $235,000
- Residential Income
- $210,000
- Energy
- $180,000
- Income-Based Land
- $195,000
- Food Service
- $190,000
Location Insight
- Map
- Local Demand
- City
- Westlake
- County
- Cuyahoga
- State
- Ohio
- Longitude
- -81.9612
- Latitude
- 41.4235
- CBSA code
- 17460
- CBSA name
- CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA