3267 25Th StCleveland, OH 44109

  • Commercial land
  • 2,760 SF
For Sale
$499,000 View listing

Property Details for 3267 25Th St

Year built
1910
Lot size
0.09 AC
Property size (Sq ft)
2,760 SF
Zone code
SI
Property type
Commercial land
APN
008-15-009
APU
815009

Description

This exceptional 0.09-acre commercial land parcel is located at 3267 W 25th Street in Cleveland, Ohio (Cuyahoga County, zip code 44109), offering a rare development opportunity. The property's APN is 008-15-009. Situated in the vibrant Tremont neighborhood, this site enjoys a highly desirable location adjacent to the new MetroHealth Campus, placing it at the heart of a rapidly growing area experiencing significant investment and development. This presents a unique chance to capitalize on the neighborhood's burgeoning cultural scene and strong economic momentum. The site's relatively modest size of 0.09 acres provides a manageable scale for development, while its proximity to the City of Cleveland Land Bank offers the potential to significantly expand the development footprint through acquisition of adjacent land. This strategic location and expansion potential make this property an attractive investment for developers seeking to establish a presence in a thriving Cleveland neighborhood. The asking price for this exceptional opportunity is $499,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $1,154,230
    Retail / Commercial
    $566,128
    Mixed-Use / Specialty
    $543,812
    Hospitality / Lodging
    $372,551
    Office
    $519,440
    Institutional / Educational
    $558,091
    Residential Income
    $652,967
    Multifamily
    $895,658
    Automotive / Energy
    $478,364
    Parking / Income-Based Land
    $185,131
    Restaurant / Food Service
    $239,522
    Healthcare / Senior Housing
    $578,484

Location Insight

City
Cleveland
County
Cuyahoga
State
Ohio
Latitude
41.4653
Longitude
-81.6999
CBSA code
17460
CBSA name
CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,168
$6,090
-
$6,090
-
$17,400
-
$17,400

FAQs

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