Opportunity Corridor Development Site

Industrial for Sale
Catylist Listing ID: 29636307
Property Subtypes: Light Industrial, Warehouse/Distribution
Building Size (RSF): 50,000 SF
Gross Building Area: See Agent
Gross Land Area: 1.47 Acres
Sale Price: $350,000
Unit Price: $7 PSF
Ceiling: 20 ft.
Docks/Doors: 2 Docks, 2 Doors
Drive In Bays: 2 Bays
Property Use Type: Vacant/Owner-User
Building Name: Opportunity Corridor Building Site
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/19/2017

Overview / Comments

Potential development site by the proposed exit ramp off I-490 to E 55 for the proposed opportunity corridor highway extension. site will be controlled by a traffic light and will be on the West side of the street.

Attachments & Media

Additional Details

Nearest MSA: Cleveland-Elyria
County: Cuyahoga
Tax ID/APN: 123-15-051, 052, 062, 060, 063
Market Type: Large
Property Located Between: Bragg and E 55
Side of Street: West
Road Type: Paved, Highway Interchange
Transportation: Bus, Highway, Airport
Highway Access: Excellent highway access to the I-490 E 55 exit ramp.
Airports: CLE
Site Description: Potential site is located on the corner of E 55 and Bragg ave and across the street from the proposed exit ramp for the proposed opportunity corridor highway extension
Area Description: Well traveled Commercial district at the cross roads of the E 55 and I-490 exit ramps. This will be the gateway to the University Circle district and surrounding development
Property Condition: Poor
Year Built: 1925
Year Renovated: 1989
Roof Type: Flat
Parking Type: Surface
Total Parking Spaces: 15
Sprinklers: None
Amps: 800
Volts: 600
X-Phase: 3
Heat Type: Natural Gas
Heat Source: Ceiling Units
Lot Frontage: 240
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,050 152,729 411,837
Median Age: 26.25 34.36 36.47
Households: 5,580 63,380 172,154
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