30555 Euclid AveWickliffe, OH 44092

Property Details for 30555 Euclid Ave

Year built

2004

Lot size

0.95 AC

Property size (Sq ft)

4,200 SF

Zone code

U8A

Property type

Retail properties

Property subtype

Other car washes

APN

28-A-023-0-00-006-0

APU

28A0230000060

Description

This exceptional 3.167-acre commercial land parcel is ideally situated at 30555 Euclid Avenue in Wickliffe, Ohio, zip code 44092. Located in Lake County, this property boasts a highly desirable commercial zoning designation, making it suitable for a wide range of development opportunities. The site benefits from its prominent position on Euclid Avenue, ensuring high visibility and accessibility for potential businesses. Its strategic location provides easy access to major transportation arteries, including Route 2 and Interstate 90, enhancing its appeal to both local and regional enterprises. The area surrounding the property is characterized by a thriving commercial environment, with established businesses such as Progressive Insurance, Parker Construction Company, Guiseppe’s Pizza, and Jackson Hewitt in close proximity. This established commercial presence contributes to a strong and stable market, making this land a compelling investment opportunity. The significant lot size offers ample space for various development projects, including, but not limited to, self-storage facilities. This property presents a rare chance to acquire a well-located, sizable parcel in a flourishing commercial area. Detailed zoning information and development possibilities are available upon request. The latitude and longitude coordinates are 41.6204513, -81.4540339 respectively.

• CAP approach

  CAP return

  Valuation

  6%

  $1,110,702

  6.5%

  $1,025,264

  7%

  $952,030

• Comparable approach

  Method

  Valuation

  Relative Method

  $990,027

  Geo Method

  $990,027

• Alternative Use

  Use

  Valuation

  Residential

  $864,848

  Hospitality

  $792,196

  Educational

  $659,098

  Medical

  $681,765

  Retail

  $1,025,264

Location Insight

City

Wickliffe

County

Lake

State

Ohio

Latitude

41.6205

Longitude

-81.454

CBSA code

17460

CBSA name

CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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