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E 90th and E 93rd Street
2212 E 93rd StreetCleveland, Cleveland, OH 44106 United States
Lot Size
1.02 Acres
Lot Size
1.02 Acres
OVERVIEW
1.02 acre development site adjacent to Cleveland Clinic - Rare land assemblage immediately next to the Cleveland Clinic main campus in one of the strongest employment hubs in Northeast Ohio. Vertical Development Opportunity – Site is currently approved for a 36-unit multifamily project (with potential to add more density). Plans Included with Sale – Transaction includes a complete set of approved architectural plans, allowing a developer to accelerate timeline and reduce entitlement risk. Exceptional Rental Fundamentals – University Circle/Clinic submarket features some of the highest rents in Cleveland with vacancy below 5%, driven by demand from Cleveland Clinic, University Hospitals and Case Western Reserve University. Attractive Basis – $1,000,000 Asking Price – Assemblage includes parcels acquired through the Cleveland Land Bank, creating a compelling entry price for a high-density urban development opportunity. Site is located within an opportunity zone. 15-year 100% tax abatement in place. Full underwriting model with construction costs available upon request.
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Details
- Sale Price:
- $1,000,000 USD
- Lot Size:
- 1.02 Acres
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