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7400 Engle Rd - 11.06 Acres (Approximately 4 Acres Buildable) 11.06 Acres of Commercial Land Offered at $699,000 in Cleveland, OH 44130



Investment Highlights
- Nearby tenants include Cleveland Clinic Health Center, Chipotle, Five Guys, Giant Eagle, Marcs and many more!
- Nearby access to I-71 with 102,803 VPD (Source: ODOT TIMS)
- Zoned: Office Building
- Strong average household incomes of $90,415 in a 3 mile radius
Executive Summary
Prime 11-Acre Development Opportunity — Middleburg Heights, OH Tremendous opportunity with over 200’ frontage on Engle Rd overlooking the Cleveland Metroparks conservation area. Two parcels totaling ˜11 acres, including one with a permanent conservation easement (˜7.16 acres protected). Existing home and two-story garage currently tenant-occupied. Zoned commercial. Over two acres of prime development area ideal for restaurant, multifamily, short- and mid-term rental, warehouse/light industrial, office/retail with parking, and other potential uses. Preliminary (not confirmed) estimates indicate that on a 3.81-acre (~165,964 sq ft) commercial site, a 3-story select-service hotel with surface parking could support a 35,000–45,000 sq ft footprint and roughly 140–180 rooms, with code-compliant parking on-site.
Property Facts
1 Lot Available
Lot
| Price | $699,000 | Lot Size | 11.06 AC |
| Price Per AC | $63,200.72 |
| Price | $699,000 |
| Price Per AC | $63,200.72 |
| Lot Size | 11.06 AC |
Prime 11-Acre Development Opportunity — Middleburg Heights, OH Tremendous opportunity with over 200’ frontage on Engle Rd overlooking the Cleveland Metroparks conservation area.
Description
11.06 Acres (4 AC Buildable) - Parcel 1: 373-04-007 - Parcel 2: 373-04-005
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Property Taxes
| Parcel Numbers | Improvements Assessment | $53,095 | |
| Land Assessment | $27,930 | Total Assessment | $81,025 |
Property Taxes
Parcel Numbers
Land Assessment
$27,930
Improvements Assessment
$53,095
Total Assessment
$81,025
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7400 Engle Rd - 11.06 Acres (Approximately 4 Acres Buildable)
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