7400 Engle Rd - Commercial LAND FOR SALE


Cleveland, OH 44130 481,774 SF
$699,000 USD
440-832-1500
7400 Engle Rd, Cleveland, OH for Sale
$699,000 USD
Commercial LAND - FOR SALE
1/4
481,774 SF

7400 Engle Rd
Cleveland, OH 44130


HIGHLIGHTS

  • Nearby tenants include Cleveland Clinic Health Center, Chipotle, Five Guys, Giant Eagle, Marcs and many more!
  • Zoned: Office Building
  • Nearby access to I-71 with 102,803 VPD (Source: ODOT TIMS)
  • Strong average household incomes of $90,415 in a 3 mile radius

OVERVIEW

Prime 11-Acre Development Opportunity — Middleburg Heights, OH Tremendous opportunity with over 200’ frontage on Engle Rd overlooking the Cleveland Metroparks conservation area. Two parcels totaling ˜11 acres, including one with a permanent conservation easement (˜7.16 acres protected). Existing home and two-story garage currently tenant-occupied. Zoned commercial. Over two acres of prime development area ideal for restaurant, multifamily, short- and mid-term rental, warehouse/light industrial, office/retail with parking, and other potential uses. Preliminary (not confirmed) estimates indicate that on a 3.81-acre (~165,964 sq ft) commercial site, a 3-story select-service hotel with surface parking could support a 35,000–45,000 sq ft footprint and roughly 140–180 rooms, with code-compliant parking on-site.

FOR SALE DETAILS

PRICE

$699,000 USD

PRICE/ACRE

$63,201/AC

PRICE/SF

$1 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

11.06 Acres (Approximately 4 Acres Buildable)

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Office, Multi-Family, Hospitality, Apartment Units, Apartment Units - Condo, Apartment Units - Dorms, Apartment Units - Senior, Apartment Units - Subsdzd, Bank, Community Center, Contractor Storage Yard, Day Care Center, Funeral Home, Garden Center, Health Care, Health Club, Hold for Development, Hospital, Hotel, Motel, Neighborhood Center, Office Park, Parking Lot, Rehabilitation Center, Religious Facility, Restaurant, Schools, Self-Storage, Theater/Concert Hall, Single Family Residence, undefined

LAND ACRES

11.06 AC

LAND SF

481,774 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

OB

APN/PARCEL ID

373-04-005,373-04-007

ASK ABOUT THIS PROPERTY

Jarrod JamesEra Real Solutions RealtyMore Info
440-832-1500

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Jarrod JamesEra Real Solutions RealtyMore Info
440-832-1500

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.