For Sale
$7,100,000

I-77 & Pershing AveNewburgh Heights, OH 44105

40-acre Ohio industrial site, $7.1M

Overview

Added:
Dec 11, 2024
Days on market:
125
This exceptional 40-acre commercial land parcel, strategically located in Newburgh Heights, Ohio (Cuyahoga County, zip code 44105), presents a unique investment opportunity. Situated at the intersection of I-77 and Pershing Avenue in Cleveland, this GI-A3 zoned property boasts unparalleled access to major transportation arteries. The site is less than a tenth of a mile from two highway exits, providing seamless connectivity for logistics and distribution. Furthermore, the property is rail-ready, featuring existing rail access directly to the site, enhancing its suitability for various industrial uses. The site's infrastructure is robust, with significant heavy utility capacity already in place. Offering exceptional visibility with one mile of highway frontage, this location is ideal for high-impact development. The property can accommodate the construction of two 400,000 square foot buildings. For added flexibility, the site is divisible into 15-acre parcels, catering to a range of development scenarios. The asking price for this prime industrial land is $7,100,000. This presents a rare chance to acquire a large, well-located, and highly functional industrial site in a thriving Ohio market.

Highlights

  • 40+ acres available for development.
  • Two 400,000 square foot buildings are feasible.
  • Less than 0.1 mile from two highway interchanges.
  • Rail-served site with existing rail spur.
  • High-capacity utilities on-site.
  • One mile of highway frontage provides excellent visibility.

Property Details for 0 I-77 & Pershing Ave

Property type
Land
Lot Size (sq. ft)
1,742,400 SF

Location Insight

City
Newburgh Heights
County
Cuyahoga
State
Ohio
Latitude
41.4524011
Longitude
-81.6572026
I-77 & Pershing Ave, Newburgh Heights, Ohio

FAQs

What type of property is this?
Land - 40-acre Ohio industrial site, $7.1M
Where is the land located?
The property is located at I-77 & Pershing Ave Newburgh Heights, OH.
What is the asking price?
The asking price for this property is $7,100,000.
What are key features of this property?
This property features: 40+ acres available for development.; Two 400,000 square foot buildings are feasible.; Less than 0.1 mile from two highway interchanges.
How can I contact the broker?
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0 I-77 & Pershing Ave
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