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Property profile & analytics
FOR SALE
Commercial real estate

35783 Lake Shore Blvd Eastlake, OH 44095

5.66 ac lot
Property ID
US66-2521803
Property summary
AI-generated overview

This exceptional 5.66-acre property in Eastlake's Marina District presents a unique investment opportunity. Located directly on Lakeshore Boulevard, this assemblage of eleven parcels offers unparalleled potential for diverse development. Currently featuring four single-family homes, the site is ideally suited for a range of projects, including but not limited to: mini-storage facilities, marina sales operations, multi-family residential development (townhomes), a mobile home park, a retail strip center, medical offices, entertainment venues, restaurants, or even the construction of new single-family homes. The property's high-traffic location serves as a key corridor to Eastlake's marina, lakefront, and river amenities, benefiting from the area's significant growth. Nearby developments include new residential homes priced in the $700,000 range, a recently opened Chagrin Tavern, and a new riverfront Tiki bar, Castaways. All five yacht clubs on the Chagrin River currently have waiting lists, indicating strong demand. A plat map outlining the approximate boundaries is available, showing the western boundary adjacent to Don Tequila restaurant and the eastern boundary at Hartford Street. Parcel numbers are available upon request. While the existing single-family homes are present, this listing is primarily targeted towards developers seeking a prime location for a new project. Please note that the residents should not be disturbed. The property's location and potential uses are further detailed in supplemental MLS documents.

Property profile
Verified
Property type Commercial real estate
Lot 5.66 ac (246,550 SF)
UPID US66-2521803
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
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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