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Property profile & analytics
OFF-MARKET
Commercial land

26220 White Rd Richmond Heights, OH 44143

2,000 SF 1.72 ac lot Built 1900
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US66-3959323
Property summary
AI-generated overview

This exceptional 2.97-acre commercial land parcel presents a unique development opportunity in Richmond Heights, Ohio. Located at 26220 White Rd, this property boasts an RS zoning designation, ideal for senior housing or various commercial ventures. Its prime corner location at White Rd and Richmond Rd offers excellent visibility and accessibility, with convenient access to I-90 and I-271. The site's adjacency to a multifamily and industrial complex fosters potential synergistic developments. A drive-thru option adds versatility. The area features a strong retail presence, including nearby Dollar General, O'Reilly Auto Parts, Dunkin', and McDonald's. A bus stop directly outside enhances accessibility. The surrounding demographics are compelling, with a population exceeding 208,000 within a 5-mile radius and a median household income of $70,648. This property is situated in Cuyahoga County, Ohio, and has a zip code of 44143. The single-tenant land is suitable for a variety of commercial and industrial uses. This is a rare opportunity to acquire a significant land parcel in a thriving area with excellent infrastructure and strong market potential.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1900
Total area 2,000 SF
Lot 1.72 ac (75,040 SF)
Zoning code RS
APN 661-10-002
UPID US66-3959323
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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Blend (final) Blend
by Request
Owner & transaction history
Richmond Heights Oreo Finance LLC · 2 yrs held
Richmond Heights Oreo Finance LLC
since 2023
Last sale
$32,500
7 recorded transactions
2023
Price N/A
2023
$32,500
2015
$124,000
2015
Price N/A
2007
Price N/A
1999
Price N/A
1969
Price N/A
Zoning & alternative use
RS · Richmond Heights, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

District is established to provide locations for residential facilities which are occupied exclusively by older persons

Zone name Senior Residential
General category RESIDENTIAL
Zone area 22.13 ac
Source Realmo
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