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5940 Mayfield RdMayfield Heights, OH 44124

13.5 Acres, Mixed-Use Development Potential

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 13.548-acre land parcel, located at 5940 Mayfield Rd in Mayfield Heights, Ohio (APN: 86124069, 86128048, 86128049, zip code 44124), presents a unique opportunity for mixed-use development. Situated in a densely populated eastern suburb, this property offers significant leasing potential. The site boasts up to approximately six acres of prime commercial land, ideal for a retail anchor. Further development possibilities include medical office space and senior living facilities. This is the largest undeveloped land parcel in the immediate area. The property is zoned U-4 and benefits from the recent addition of several prominent tenants, including Starbucks, Raising Cane's, Verizon, and a Sheetz gas station. This strategic location and the presence of established businesses create a compelling investment opportunity with strong potential for future growth and high returns. The property's size and zoning allow for a variety of development options, catering to a diverse range of commercial needs. This is a rare chance to acquire a substantial land holding in a thriving Ohio community.

Highlights

  • $0 Asking Price.
  • 13.548-acre land parcel.
  • U-4 zoning.
  • Located at 5940 Mayfield Rd, Mayfield Heights, OH 44124 (APN: 86124069, 86128048, 86128049).
  • Mixed-use development potential with significant leasing opportunities.
  • New tenants include Starbucks, Raising Cane's, Verizon, and Sheetz.

Property Details for 5940 Mayfield Rd

Property type
Land
Lot Size (sq. ft)
590,151 SF

Location Insight

City
Mayfield Heights
County
Cuyahoga
State
Ohio
Latitude
41.5196041
Longitude
-81.4649304
5940 Mayfield Rd, Mayfield Heights, Ohio

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5940 Mayfield Rd
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