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24877 Broadway Ave 1.5 Acres of Commercial Land Offered at $475,000 in Oakwood Village, OH 44146
Investment Highlights
- 13,000–20,000 vehicles per day.
Executive Summary
Exceptional commercial redevelopment opportunity on highly traveled Broadway Avenue (State Route 14) in Oakwood Village, Ohio.
This General Business (GB) zoned property offers approximately 149.6 feet of frontage with excellent visibility and exposure to an estimated 13,000–20,000 vehicles per day. The site is served by public water and public sewer, making it well positioned for a wide range of commercial redevelopment opportunities.
An existing residential structure is located on the property and may provide interim use or rental income while redevelopment plans are pursued. The property's primary value lies in its commercial zoning, strategic location, utility access, and strong frontage along one of the area's major commercial corridors.An existing residential structure is located on the property and may provide interim use or rental income while redevelopment plans are pursued. The property's primary value lies in its commercial zoning, strategic location, utility access, and strong frontage along one of the area's major commercial corridors.
Surrounded by established retail, restaurants, and commercial development, the property is well suited for uses such as:
Quick-service restaurant (QSR)
Coffee shop
Medical or professional office
Retail or service business
Automotive service
Convenience retail
Bank or financial services
Mixed commercial development (subject to local approvals)
Located less than one mile from a recently developed Starbucks and within minutes of I-480 and I-271, this site provides excellent access to the greater Cleveland market and continues to benefit from ongoing commercial growth in the Broadway Avenue corridor.
Highlights
General Business (GB) zoning
Approximately 149.6 feet of frontage
Public water and sewer
High-visibility location
Estimated traffic count: 13,000–20,000 vehicles per day
Existing structure on site
Strong commercial redevelopment potential
This General Business (GB) zoned property offers approximately 149.6 feet of frontage with excellent visibility and exposure to an estimated 13,000–20,000 vehicles per day. The site is served by public water and public sewer, making it well positioned for a wide range of commercial redevelopment opportunities.
An existing residential structure is located on the property and may provide interim use or rental income while redevelopment plans are pursued. The property's primary value lies in its commercial zoning, strategic location, utility access, and strong frontage along one of the area's major commercial corridors.An existing residential structure is located on the property and may provide interim use or rental income while redevelopment plans are pursued. The property's primary value lies in its commercial zoning, strategic location, utility access, and strong frontage along one of the area's major commercial corridors.
Surrounded by established retail, restaurants, and commercial development, the property is well suited for uses such as:
Quick-service restaurant (QSR)
Coffee shop
Medical or professional office
Retail or service business
Automotive service
Convenience retail
Bank or financial services
Mixed commercial development (subject to local approvals)
Located less than one mile from a recently developed Starbucks and within minutes of I-480 and I-271, this site provides excellent access to the greater Cleveland market and continues to benefit from ongoing commercial growth in the Broadway Avenue corridor.
Highlights
General Business (GB) zoning
Approximately 149.6 feet of frontage
Public water and sewer
High-visibility location
Estimated traffic count: 13,000–20,000 vehicles per day
Existing structure on site
Strong commercial redevelopment potential
Property Facts
| Price | $475,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 1.50 AC |
| Property Type | Land | ||
| Zoning | GB | ||
| Price | $475,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 1.50 AC |
| Zoning | GB |
1 Lot Available
Lot
| Price | $475,000 | Lot Size | 1.50 AC |
| Price Per AC | $316,666.67 |
| Price | $475,000 |
| Price Per AC | $316,666.67 |
| Lot Size | 1.50 AC |
Prime General Business-zoned redevelopment site with 149.6' frontage on busy Broadway Ave. Public water & sewer, 13K–20K daily traffic, existing home, and excellent visibility for retail, restaurant, office, or service uses.
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Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 795-19-013 | Improvements Assessment | $32,060 |
| Land Assessment | $9,660 | Total Assessment | $41,720 |
Property Taxes
Parcel Number
795-19-013
Land Assessment
$9,660
Improvements Assessment
$32,060
Total Assessment
$41,720
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24877 Broadway Ave