24690 Broadway AveBedford, OH 44146

  • Other commercial real estate
  • 1,876 SF
For Sale
$189,900 View listing

Property Details for 24690 Broadway Ave

Year built
1940
Lot size
2.74 AC
Property size (Sq ft)
1,876 SF
Zone code
GB
Property type
Other commercial real estate
APN
795-19-027
APU
79519027

Description

This exceptional 2.74-acre commercial property, located at 24690 Broadway Avenue in Oakwood Village, Ohio, presents a unique investment opportunity. Situated in a prime location with high traffic volume and convenient access to major highways and routes, this land offers unparalleled visibility. The 226-foot frontage ensures maximum exposure for any future development. The property boasts a picturesque setting and is serviced by public utilities, simplifying the development process. Currently zoned for commercial use, this land offers flexibility for a variety of projects. The existing structures could be renovated or demolished to accommodate new construction, allowing for a customized approach to development. This property has been owned by the same family for decades, having previously housed a family business. The seller is actively considering all offers, making this an opportune time to acquire this valuable asset in a thriving Ohio community. The property is listed at $189,900. The address is verified as 24690 Broadway Avenue, Oakwood Village, OH 44146, within Cuyahoga County. This is a rare chance to acquire a substantial parcel of land in a desirable location with significant potential for growth and return on investment.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $408,367
    Hospitality
    $374,062
    Educational
    $311,215
    Medical
    $321,918
    Retail
    $484,113
24690 Broadway Ave, Bedford, Ohio

Location Insight

City
Bedford
County
Cuyahoga
State
Ohio
Latitude
41.3619
Longitude
-81.5053
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
$7,151
$70,000
$8,750
$78,750
-
$200,000
$25,000
$225,000

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