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Property profile & analytics
OFF-MARKET
Commercial real estate

24690 Broadway Ave Bedford, OH 44146-6346

1,876 SF 2.74 ac lot Built 1940
Entity Owned 2-yr Hold Absentee Owner Free & Clear
Property ID
US66-2190585
Property summary
AI-generated overview

This exceptional 2.74-acre commercial property, located at 24690 Broadway Avenue in Oakwood Village, Ohio, presents a unique investment opportunity. Situated in a prime location with high traffic volume and convenient access to major highways and routes, this land offers unparalleled visibility. The 226-foot frontage ensures maximum exposure for any future development. The property boasts a picturesque setting and is serviced by public utilities, simplifying the development process. Currently zoned for commercial use, this land offers flexibility for a variety of projects. The existing structures could be renovated or demolished to accommodate new construction, allowing for a customized approach to development. This property has been owned by the same family for decades, having previously housed a family business. The seller is actively considering all offers, making this an opportune time to acquire this valuable asset in a thriving Ohio community. The property is listed at $189,900. The address is verified as 24690 Broadway Avenue, Oakwood Village, OH 44146, within Cuyahoga County. This is a rare chance to acquire a substantial parcel of land in a desirable location with significant potential for growth and return on investment.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1940
Total area 1,876 SF
Lot 2.74 ac (119,354 SF)
Zoning code GB
APN 795-19-027
UPID US66-2190585
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
24690 Broadway LLC · 2 yrs held
24690 Broadway LLC
since 2024
1 recorded transaction
2024
$128,000
Zoning & alternative use
GB · Bedford, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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