2343 Superior E Ave Cleveland, OH 44114-4224
This exceptional .55-acre commercial land parcel presents a unique opportunity for development. Strategically located at the signalized intersection of Superior Avenue East and East 24th Street in Cuyahoga County, Ohio, this single-tenant site offers unparalleled visibility and accessibility. The property benefits from convenient freeway access to I-90 East (connecting to SR-2), and I-90 West (linking to I-71 and I-77), ensuring seamless transportation for both employees and customers. This location places the property within the vibrant Superior Arts District, just one block north of the Cleveland State University campus district and a mile east of Public Square. The site is available for ground lease or build-to-suit options, providing flexibility for various development projects. Furthermore, the property's location will benefit from the upcoming Cleveland Midway Superior Avenue project, a significant initiative scheduled to begin in 2025, designed to enhance safety and accessibility for pedestrians, cyclists, drivers, and public transit users along Superior Avenue from East 55th Street to Public Square. This planned infrastructure improvement will further elevate the property's value and appeal. Don't miss this chance to secure a prime commercial land parcel in a rapidly developing area.
-
dimension auto repair Auto Repair Shop
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
SI · Cleveland, OHCleveland. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.