27961 Euclid Ave Euclid, OH 44132
- Commercial land
- 5,809 SF
- 0.96 lot acres
Current Use by Public Records
- Commercial land
Property Details for 27961 Euclid Ave
- Year built
- 1963
- Lot size
- 0.96 lot acres
- Property size
- 5,809 SF
- Zone code
- U4
- Property type
- Commercial land
- APN
- 648-30-003
- APU
- 64830003
Description
This exceptional 6.01-acre commercial land parcel presents a unique development opportunity in Euclid, Ohio. Boasting 536± feet of frontage on Euclid Avenue (US Route 20), this property offers unparalleled visibility and accessibility. The site benefits from all utilities already in place, simplifying development plans. Zoned U4 Commercial, this land is ready for immediate development, further enhanced by the presence of available county and city incentives, and its location within an Opportunity Zone. The property's strategic location provides incredible freeway visibility and access at the intersection of Interstate 90 and US Route 20, with convenient proximity to Interstate 271 and State Route 2. Parcel numbers 648-03-003 and 648-03-005 comprise this significant offering. The asking price is $1,803,000, representing a compelling value for developers seeking a prime location with substantial development potential. The business-friendly environment of Euclid and the readily available incentives make this a truly exceptional investment opportunity. This is a rare chance to acquire a large, well-located parcel in a thriving area with excellent infrastructure and access to major transportation arteries.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Euclid
- County
- Cuyahoga
- State
- Ohio
- Longitude
- -81.4902
- Latitude
- 41.5955
- CBSA code
- 17460
- CBSA name
- CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
