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1325-1345 W 73rd St - 1.78 AC Multifamily Development Site 1.78 Acres of Commercial Land Offered at $4,101,296 CAD in Cleveland, OH 44102
Investment Highlights
- For Sale - Fully Entitled
Executive Summary
CBRE Cleveland is pleased to present the exclusive listing of West 73rd Apartments Development Site (“The Property”) for sale to qualified investors/developers. Measuring a total of 1.78 acres in the highly affluent Gordon Square/Detroit Shoreway sub-market, this presents a rare opportunity for a developer to acquire a fully-entitled multifamily development site in one of the hottest growth markets in Cleveland.
With its prime location, along with in-place 15-year tax abatement, this provides an attractive opportunity for a developer to acquire one of the last remaining land parcels in this high-barriers-to-entry location.
With its prime location, along with in-place 15-year tax abatement, this provides an attractive opportunity for a developer to acquire one of the last remaining land parcels in this high-barriers-to-entry location.
Property Facts
1 Lot Available
Lot
| Price | $4,101,296 CAD | Lot Size | 1.78 AC |
| Price Per AC | $2,304,099.15 CAD |
| Price | $4,101,296 CAD |
| Price Per AC | $2,304,099.15 CAD |
| Lot Size | 1.78 AC |
Measuring a total of 1.78 acres in the highly affluent Gordon Square/Detroit Shoreway sub-market
Fairly walkable
50/100
Very drivable
80/100
Some public transit
40/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 002-07-048 | Improvements Assessment | $0 CAD |
| Land Assessment | $863,954 CAD | Total Assessment | $863,954 CAD |
Property Taxes
Parcel Number
002-07-048
Land Assessment
$863,954 CAD
Improvements Assessment
$0 CAD
Total Assessment
$863,954 CAD
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1325-1345 W 73rd St - 1.78 AC Multifamily Development Site
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