1975 Noble RdEast Cleveland, OH 44112

  • Manufacturing properties
  • 73.87 AC

Property Details for 1975 Noble Rd

Lot size
73.87 AC
Zone code
U5
Property type
Manufacturing properties
APN
673-35-001
APU
67335001

Description

Nela Park, a landmark property in East Cleveland, Ohio, presents a unique investment opportunity. This expansive 94-acre campus boasts 26 buildings totaling 1,072,296 square feet of versatile space, ideal for medical office, industrial, or laboratory uses. Currently, 890,070 square feet are vacant, offering significant potential for redevelopment or expansion. The property is zoned for General Industry and features a minimum divisible space of 2,920 square feet, with a maximum contiguous space of 890,070 square feet. Built in 1911, Nela Park is listed on the National Register of Historic Places, showcasing a rich history while benefiting from numerous upgrades and renovations. The campus includes unique features such as underground tunnels connecting many buildings. Located at 1975 Noble Rd, East Cleveland, OH 44112, this property offers a compelling blend of historical significance and modern functionality, making it an exceptional opportunity for a variety of uses. The multiple tenancy structure allows for flexibility in leasing arrangements. This is a rare chance to acquire a substantial, historically significant property with significant potential for future development. The property's size and location in Cuyahoga County provide excellent access to transportation and a skilled workforce.

Location Insight

City
East Cleveland
County
Cuyahoga
State
Ohio
Latitude
41.5415
Longitude
-81.5603
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
$307,575
$609,530
$2,153,970
$2,763,500
-
$1,741,500
$6,154,200
$7,895,700

FAQs

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