18055 Bagley RdMiddleburg Heights, OH 44130

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

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.

• 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

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