18055 Bagley RdMiddleburg Heights, OH 44130
- Retail properties
- 2,520 SF
Property Details for 18055 Bagley Rd
- Year built
- 1975
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 3.51 AC
- Property size (Sq ft)
- 2,520 SF
- Zone code
- GB
- Property type
- Retail properties
- Property subtype
- Turn key restaurants
- APN
- 373-03-005
- APU
- 37303005
Description
This exceptional 3.4-acre commercial land parcel presents a unique opportunity for development in the thriving Middleburg Heights, Ohio market. Located at 18055 Bagley Road, the property boasts a highly desirable location within Cuyahoga County, offering easy access to major transportation routes and a strong local economy. The single-tenancy zoning allows for a variety of commercial uses, making it ideal for businesses seeking a prominent presence in a busy area. With a total land area of 3.4 acres, this site provides ample space for a substantial development project. The property is available for both sale and lease, offering flexibility to suit diverse investment strategies. Its strategic location in Middleburg Heights, coupled with its significant size, makes this an exceptional opportunity for developers and investors seeking a high-impact commercial venture. The property's address is clearly identified as 18055 Bagley Rd, Middleburg Heights, OH 44130. Interested parties are encouraged to explore the potential of this prime commercial land and its significant development possibilities. The property is zoned for single-tenancy commercial use. Further details regarding zoning regulations and development possibilities are available upon request. This is a rare opportunity to acquire a substantial commercial land parcel in a highly sought-after location.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $666,421
- 6.5%
- $615,158
- 7%
- $571,218
-
Comparable approach
- Method
- Valuation
- Relative Method
- $594,016
- Geo Method
- $594,016
-
Alternative Use
- Use
- Valuation
- Residential
- $518,909
- Hospitality
- $475,318
- Educational
- $395,459
- Medical
- $409,059
- Retail
- $615,158
Location Insight
- City
- Middleburg Heights
- County
- Cuyahoga
- State
- Ohio
- Latitude
- 41.3698
- Longitude
- -81.8269
- CBSA code
- 17460
- CBSA name
- CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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