26220 White RdRichmond Heights, OH 44143

  • Land
  • 2,000 SF
For Lease

Property Details for 26220 White Rd

Year built
1900
Lot size
1.72 AC
Property size (Sq ft)
2,000 SF
Zone code
RS
Property type
Land
Property subtype
Commercial land
APN
661-10-002
APU
66110002

Description

This exceptional 2.97-acre commercial land parcel presents a unique development opportunity in Richmond Heights, Ohio. Located at 26220 White Rd, this property boasts an RS zoning designation, ideal for senior housing or various commercial ventures. Its prime corner location at White Rd and Richmond Rd offers excellent visibility and accessibility, with convenient access to I-90 and I-271. The site's adjacency to a multifamily and industrial complex fosters potential synergistic developments. A drive-thru option adds versatility. The area features a strong retail presence, including nearby Dollar General, O'Reilly Auto Parts, Dunkin', and McDonald's. A bus stop directly outside enhances accessibility. The surrounding demographics are compelling, with a population exceeding 208,000 within a 5-mile radius and a median household income of $70,648. This property is situated in Cuyahoga County, Ohio, and has a zip code of 44143. The single-tenant land is suitable for a variety of commercial and industrial uses. This is a rare opportunity to acquire a significant land parcel in a thriving area with excellent infrastructure and strong market potential.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $411,832
    Hospitality
    $377,236
    Educational
    $313,856
    Medical
    $324,650
    Retail
    $488,221
26220 White Rd, Richmond Heights, Ohio

Location Insight

City
Richmond Heights
County
Cuyahoga
State
Ohio
Latitude
41.5739
Longitude
-81.4939
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
$6,400
$40,460
-
$40,460
-
$115,600
-
$115,600

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