1519 Lakeview RdCleveland, OH 44112

  • Industrial properties
  • 14,043 SF
For Sale

Property Details for 1519 Lakeview Rd

Year built
1916
Lot size
1.31 AC
Property size (Sq ft)
14,043 SF
Zone code
2F
Property type
Industrial properties
Property subtype
Other warehouses
APN
120-13-029
APU
12013029

Description

This exceptional 4.525-acre land parcel, located at 1519 Lakeview Rd in Cleveland, Ohio (zip code 44112), presents a remarkable development opportunity. Zoned U6, it's approved for the construction of 32 townhomes. The property boasts an enviable location within University Circle, providing unparalleled access to Case Western Reserve University, the Cleveland Clinic Main Campus, and Wade Oval, home to renowned museums. Its strategic placement within an Opportunity Zone further enhances its investment appeal. The APN numbers are 12013027, 12013028, 12013029, 12025007, 67201001, 67201002, and 67201031|2. This offering includes the potential for a unique mixed-use redevelopment, alongside the adjacent former Hough Bakery site. The property's prime location and approved development plan make it an exceptional investment opportunity in a thriving area of Cleveland. The asking price is $567,000. This is a rare chance to acquire a significant land holding in a highly desirable and rapidly developing neighborhood. Don't miss this chance to capitalize on the growth potential of University Circle.

1519 Lakeview Rd, Cleveland, Ohio

Location Insight

City
Cleveland
County
Cuyahoga
State
Ohio
Latitude
41.5185
Longitude
-81.5985
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
$3,248
$31,820
$700
$32,520
-
$90,900
$2,000
$92,900

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