4010 E 116th Street, Cleveland, OH 44105 - $5,500,000.00 / Monthly

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  • Days on Site: 1362
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4010 E 116th Street, Cleveland, OH 44105
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Comments for 4010 E 116th Street, Cleveland, OH 44105

Unbelievable opportunity for highly sought after *14.01 acres* of commercial land that has not become available until now. This gem is hidden in the middle of developing area of Lee and Harvard community. Minutes away from interstate 71 and interstate 90, several Amazon, FedEx and UPS distribution centers. The property is nestled in the mists of residential homes and commercial businesses concealed with its own private driveway off the main thoroughfare of East 116th Street. Part of the property is has immediate access to an adjacent railroad. The property holds a perfect opportunity to install a railroad spur to privately import good right into a distribution hub on the same property. The possibilities are endless. This property was not used to house, store or manufacture any hazardous materials, so there are no known concerns with the EPA. Seller will order a land survey after completion of a letter of intent with proof of funds or contingency plan to obtain funds. Sellers are diligent, eager to sell, but understand the value of the property, serious buyers only need to inquire. This property will NOT be sold by acre, parcel or sectioned for sell. It's a one parcel purchase only! Assembly value is 30.03 acres, tons of upstate. Sellers will evaluate any and all offers

$5,500,000.00 / Monthly

Property Details

City: ClevelandProperty Type: Lease - Commercial
Lot Size: 13.23 AcresSchool District: Cleveland Municipal - 1809
Taxes: $17,301Status: Active
MLS#: 4390637 

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Property Features

Property Type: Lease - CommercialParcel#: 136-12-019
Days on Site: 1362Taxes: $17,301
Lot Size: 13.23 Acres 

School Information

School District: Cleveland Municipal - 1809

Listed By

Agency Name: Keller Williams Greater Metropolitan
Agency Contact: CliffLouis@kw.com 203-554-9020

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 555-555-5555

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  • Demographics
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Cuyahoga County Demographic Information

Fips
Fips Code39035
Population
2020 to 2023 Changedown 2.5%
2010 Count1,280,122
2020 Count1,264,817
2023 Estimate (V2023)1,233,088
2020 Estimate (V2023)1,264,775
Age Distribution (Years Old)
0 to 45.3%
5 to 1720.3%
18 to 6454.8%
65 and Older19.6%
Gender
Male48.1%
Female51.9%
Place of Birth
Foreign7.6%
US92.4%
Education
High School Graduate, Age 25+90.9%
Bachelor's Degree or Higher, Age 25+35.2%
Computer and Internet use
Households with a computer92.0%
Households with a broadband Internet subscription85.7%
Language
English is Second Language, Age 5+12.3%
English is First Language, Age 5+87.7%
Veterans
Veterans60,427
Income
Per Capita Income$39,807
Median Household Income$60,074
People in Poverty16.6%
Commute
Average Work Commute Time24 minutes
Housing
Total Housing Units615,116
Households552,421
Average Household Size2.23
Owner-Occupied58.4%
Multi-Family34.9%
Owner-Occupied Median Value$168,700
Median selected monthly owner costs -with a mortgage$1,472
Median selected monthly owner costs -without a mortgage$630
Median gross rent$952
Building Permits
New Private Housing Issued 20231,028
Years at Residence
1 Year or More86.1%
Less Than 1 Year13.9%
Business and Employment
Private non-farm Establishments31,738
Private non-farm Employment631,443
Private non-farm Employment Growthup 0.7%
Nonemployer Establishments105,877
Number of Firms114,192
Business Production
Value of Shipments$23,225,392,000
Wholesale Trade$24,854,217,000
Retail Trade$16,920,714,000
Retail Sales Per Capita$11,914
Accommodation and Food Services$3,332,698,000
Land
Land Area457.19 sq. miles
Population Per Square Mile2,800

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