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2500 W 27th St 3.71 Acres of Commercial Land in Cleveland, OH 44113
Executive Summary
Property Facts
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 3.71 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Property Subtype | Commercial | ||
| Zoning | GI - General Industry | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 3.71 AC |
| Opportunity Zone |
Yes |
| Zoning | GI - General Industry |
1 Lot Available
Lot
| Lot Size | 3.71 AC |
| Lot Size | 3.71 AC |
3.714 AC ideal for vertical residential development and well-suited for multi-story residential projects including apartments, stacked flats, or mixed residential configurations, allowing developers to maximize density and land efficiency.
Description
Located within a federally designated Opportunity Zone, the site offers potential capital gains tax deferral and long-term tax advantages for qualified investors. It is ideal for vertical residential development and well-suited for multi-story residential projects including apartments, stacked flats, or mixed residential configurations, allowing developers to maximize density and land efficiency. The property is centrally located with strong connectivity to the Ohio City and Tremont neighborhoods, with easy access to Downtown Cleveland, the Detroit Shoreway, and MetroHealth’s $1B+ main campus redevelopment. Additional expansion flexibility is available with approximately ±0.2 acres.
Contacts
-
Rico Pietro -
Kirsten Paratore -
Robby Martinelli -
Cushman & Wakefield | CRESCO Real Estate
Presented by
2500 W 27th St
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