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1 Richmond Rd - Commercial Land AUCTION - Offering E

4.43 Acres of Commercial Land in Richmond Heights, OH 44143

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Investment Highlights

PPN: 661-09-006
2023 Taxes: $10,403.48

Market Value: $297,200

Executive Summary

Reserve: $95,000
10% Buyer's Premium
Auction Date: Wednesday, September 11, 2024 at 11:00 A.M. (Registration @ 10 A.M.)
Auction Location: Cleveland Marriott East - 26300 Harvard Road, Warrensville Heights, OH 44122

Multi-Property Land Auction (Brochure)

Property Facts

Sale Type	Investment or Owner User	Proposed Use	Industrial Office
No. Lots	1	Total Lot Size	4.43 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Subtype	Commercial

Sale Type	Investment or Owner User
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Industrial Office
Total Lot Size	4.43 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 Lot Available

Lot

Lot Size	4.43 AC

Lot Size	4.43 AC

Description

Located on Richmond Road south of Merit Drive, this 4.43± acre parcel is a prime site for a number of permitted uses under the I-1 Office Industrial zoning classification and positioned just 2 miles north of Belle Oaks Marketplace in Richmond Heights, a Class-A mixed-use redevelopment of the former Richmond Town Square Mall. Please visit the website below for additional information and access to due diligence material: https://my.rcm1.com/buyer/slp?pv=fSMeINOz7XG08PWa_o3Gk86nH-pcSyK1TtpdWy8B_Lnho9Ea3_nenz4ZWVtgQLToo2zuNBsMqyEVilvECGyYFw

PROPERTY TAXES

Parcel Number	661-09-006	Improvements Assessment	$0
Land Assessment	$104,020	Total Assessment	$104,020

PROPERTY TAXES

Parcel Number

661-09-006

Land Assessment

$104,020

Improvements Assessment

Total Assessment

$104,020

zoning

Zoning Code	I-1 (Office Industrial)
I-1 (Office Industrial)

Listing ID: 32657197
Date on Market: 8/1/2024
Last Updated:
Address: 1 Richmond Rd, Richmond Heights, OH 44143

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1 Richmond Rd, Richmond Heights, OH for sale Building Photo- Image 1 of 2 — Richmond Heights Cover Photo

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