27981 Euclid Ave Euclid, OH 44132-3519
- Commercial land
- 2,369 SF
- 5.05 lot acres
Current Use by Public Records
- Commercial land
Property Details for 27981 Euclid Ave
- Year built
- 1963
- Lot size
- 5.05 lot acres
- Property size
- 2,369 SF
- Zone code
- U8
- Property type
- Commercial land
- APN
- 648-30-005
- APU
- 64830005
Description
This exceptional 6.01-acre commercial land parcel, located at 27961 & 27981 Euclid Avenue in Euclid, Ohio (44132), presents a unique investment opportunity. The property boasts 536+ feet of frontage on Euclid Avenue (US Route 20), offering incredible visibility and accessibility. Its strategic location provides convenient access to Interstate 90 and US Route 20, with proximity to Interstate 271 and State Route 2 further enhancing its appeal. All utilities are readily available on-site. The property is zoned for commercial use and benefits from a business-friendly city administration. Significant county and city incentives are available to prospective developers, adding further value to this already attractive proposition. The parcel is situated within an Opportunity Zone, providing additional tax advantages. This newly available land, with APN 648-03-003 and 648-03-005, represents a rare chance to acquire a substantial development site in a high-traffic area with excellent infrastructure and supportive local government initiatives. The asking price is $1,803,000.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Euclid
- County
- Cuyahoga
- State
- Ohio
- Longitude
- -81.4897
- Latitude
- 41.5965
- CBSA code
- 17460
- CBSA name
- CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
