You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
New search
Property profile & analytics
OFF-MARKET Estimated value $905,000
Commercial land

27961 Euclid Ave Euclid, OH 44132-3519

5,809 SF 0.96 ac lot Built 1963
Entity Owned 27-yr Hold Free & Clear
Property ID
US66-0513530
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1963
Total area 5,809 SF
Lot 0.96 ac (42,000 SF)
Zoning code U4
APN 648-30-003
UPID US66-0513530
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
$755k
Comparable Approach Comparable
$961k
Blend (final) Blend
$905k
Owner & transaction history
Euclid Co LLC · 27 yrs held
Euclid Co LLC
since 1999
3 recorded transactions
2016
Price N/A
1999
$1.6M
1969
Price N/A
Zoning & alternative use
U4 · Euclid, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $980,000 +103.6%
Office building $940,000 +95.2%
Medical building $630,000 +31.1%
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 27961 Euclid Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message