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Property profile & analytics
OFF-MARKET
Land

11745 Pearl Rd Strongsville, OH 44136

1.81 ac lot
Property ID
US66-1293822
Property summary
AI-generated overview

This exceptional 1.81-acre commercial land parcel in Strongsville, Ohio, presents a remarkable investment opportunity. Located at 11745 Pearl Road (SR-42), this property boasts approximately 235 feet of frontage and approximately 390 feet of depth, situated at a traffic signal with an estimated 23,600 vehicles passing daily. The General Business (G-B) zoning allows for a wide range of retail uses. While a 1,064 square foot, three-bedroom, two-bathroom home is present on the site, it has structural issues and a report detailing these is available. The property offers convenient highway access, situated just 2.5 miles from the I-71/SR-82 (Royalton Road) interchange. Utilities are available on-site. Please note that a Phase 1 environmental study, geotechnical report, and wetland study have not yet been conducted. Annual property taxes for 2022 were $3,901. The asking price for this strategically located parcel is $329,000. Potential exists for upgrading the traffic signal to a four-way intersection. This property is in Cuyahoga County, Ohio, zip code 44136.

Property profile
Verified
Property type Land
Lot 1.81 ac (78,844 SF)
UPID US66-1293822
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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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