27981 Euclid AveEuclid, OH 44132

  • Land
  • 2,369 SF
For Sale
$1,803,000 View listing

Property Details for 27981 Euclid Ave

Year built
1963
Lot size
5.05 AC
Property size (Sq ft)
2,369 SF
Zone code
U8
Property type
Land
Property subtype
Commercial land
APN
648-30-005
APU
64830005

Description

This exceptional 6.01-acre commercial land parcel, located at 27961 & 27981 Euclid Avenue in Euclid, Ohio (44132), presents a unique investment opportunity. The property boasts 536+ feet of frontage on Euclid Avenue (US Route 20), offering incredible visibility and accessibility. Its strategic location provides convenient access to Interstate 90 and US Route 20, with proximity to Interstate 271 and State Route 2 further enhancing its appeal. All utilities are readily available on-site. The property is zoned for commercial use and benefits from a business-friendly city administration. Significant county and city incentives are available to prospective developers, adding further value to this already attractive proposition. The parcel is situated within an Opportunity Zone, providing additional tax advantages. This newly available land, with APN 648-03-003 and 648-03-005, represents a rare chance to acquire a substantial development site in a high-traffic area with excellent infrastructure and supportive local government initiatives. The asking price is $1,803,000.

27981 Euclid Ave, Euclid, Ohio

Location Insight

City
Euclid
County
Cuyahoga
State
Ohio
Latitude
41.5965
Longitude
-81.4897
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
$28,242
$257,500
-
$257,500
-
$735,700
-
$735,700

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