17934 Ravenna RdChagrin Falls, OH 44023
- Retail properties
- 6.44 AC
Property Details for 17934 Ravenna Rd
- Lot size
- 6.44 AC
- Property type
- Retail properties
- Property subtype
- Other retail properties
Description
This exceptional opportunity presents two strategically located commercial land parcels in Chagrin Falls, Ohio, ideally suited for retail development. The East side parcel encompasses 6.44 acres, priced at $800,000 ($125,000/acre), with an additional 2.79 acres available for expansion. This site boasts dimensions of 401' x 738' and benefits from its location adjacent to a planned industrial/residential development. The West side parcel offers 0.38 acres currently priced at $1,300,000 (~$125,000/acre), with expansion potential up to 16.78 acres. Its dimensions are 300' x 1,621'. Both parcels are zoned primarily B3 Motorist Service, with a smaller portion of the East parcel zoned B4 Office Light Industrial. The high-traffic location is underscored by impressive daily traffic counts: 7,092 vehicles per day on Ravenna Road (Route 44) and 23,416 vehicles per day on Route 422, according to ODOT TIMS data. The area boasts exceptionally high average household incomes within a 10-minute drive time, reaching $132,149. Furthermore, a recently completed $3 million sewer project enhances the site's development potential. The proximity to the large Great Lakes Cheese facility (600,000+ sq ft, recently expanded by 300,000 sq ft, adding 400 jobs) adds significant value and potential for synergy. This is a rare opportunity to acquire prime commercial land in a thriving, high-income area with excellent infrastructure and strong growth prospects.
Location Insight
- City
- Chagrin Falls
- County
- Geauga
- State
- Ohio
- Latitude
- 41.3827
- Longitude
- -81.2171
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].