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1426 115th st 0.2 Acres of Commercial Land Offered at $208,616 CAD in Cleveland, OH 44106
Investment Highlights
- Heavy foot traffic
- Close to Main Campus UH, Close to Main Campus Cleveland Clinic
- Close to Case Western University
Executive Summary
Commercially zoned vacant land (land use low density apartment) located in a prime area less than a 5 minute walking distance from Case Western Reserve University. Land is also within a few minutes driving distance from University Hospital's main campus, and Cleveland Clinic's main campus. This lot offers an excellent opportunity for a variety of potential commercial uses in a high-demand location surrounded by major medical institutions, universities, and ongoing development. Convenient access to major roads, hospitals, and university amenities. Average student rental rate for a 2 bedroom unit ranges from $1150-$2000 a month making this an opportunity to build a high CAP rate asset in sustainable and rapidly appreciating area!
Property Facts
| Price | $208,616 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Apartment Units |
| No. Lots | 1 | Total Lot Size | 0.20 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Price | $208,616 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Apartment Units |
| Total Lot Size | 0.20 AC |
| Opportunity Zone |
Yes |
1 Lot Available
Lot
| Price | $208,616 CAD | Lot Size | 0.20 AC |
| Price Per AC | $1,043,079.17 CAD |
| Price | $208,616 CAD |
| Price Per AC | $1,043,079.17 CAD |
| Lot Size | 0.20 AC |
Commercially zoned vacant land (land use low density apartment) located in a prime area less than a 5 minute walking distance from Case Western Reserve University.
1 1
Very walkable
80/100
Moderately drivable
60/100
Some public transit
40/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 120-09-131 | Improvements Assessment | $0 CAD |
| Land Assessment | $731 CAD | Total Assessment | $731 CAD |
Property Taxes
Parcel Number
120-09-131
Land Assessment
$731 CAD
Improvements Assessment
$0 CAD
Total Assessment
$731 CAD
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1426 115th st
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