4600 Northfield RdNorth Randall, OH 44128

  • Land
  • 188,548 SF
For Lease

Property Details for 4600 Northfield Rd

Year built
1972
Lot size
5.50 AC
Property size (Sq ft)
188,548 SF
Zone code
C-1
Property type
Land
Property subtype
Commercial land
APN
771-06-005
APU
77106005

Description

This exceptional 5.5-acre commercial land parcel presents a unique investment opportunity in North Randall, Ohio. Situated at 4600 Northfield Road, this C-1 zoned property boasts a highly visible corner location at the intersection of Northfield and Emery Roads. The site benefits from exceptional daily traffic volume exceeding 28,000 vehicles, ensuring maximum exposure for any development. Its strategic location directly across from the Jack Thistledown Racino, attracting over 1.6 million visitors annually, and adjacent to a massive 855,000 square foot Amazon Fulfillment Center employing over 2,000 people, guarantees a substantial customer base and workforce. Easy access to major transportation arteries, I-480 and I-271, further enhances the property's appeal. The property's APN is 77106005, and it is located in Cuyahoga County, Ohio, with a zip code of 44128. This single-tenant zoned land offers unparalleled potential for a variety of commercial ventures, capitalizing on its prime location and high visibility. The substantial lot size provides ample space for development, making it an attractive proposition for businesses seeking a prominent presence in a high-traffic area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $38,825,092
    Hospitality
    $35,563,576
    Educational
    $29,588,476
    Medical
    $30,606,070
    Retail
    $46,026,520
4600 Northfield Rd, North Randall, Ohio

Location Insight

City
North Randall
County
Cuyahoga
State
Ohio
Latitude
41.4341
Longitude
-81.5276
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
$19,609
$193,620
-
$193,620
-
$553,200
-
$553,200

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