List Search

2212 E 93rd St
Cleveland, OH 44106 Fairfax

$1,000,000 USD

Land For Sale  •  1.02 AC

Property Details

  • Property Type Land
  • Lot Size 1.02 AC
50 Transit Score
80 Walk Score

Description

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.

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
Cleveland Lakefront Station (Blue Line - Greater Cleveland Regional Transit Authority Rapid Transit (The Rapid), Green Line - Greater Cleveland Regional Transit Authority Rapid Transit (The Rapid)) 15 min - 5.6 mi
Rockside (National Park Scenic Railway - Cuyahoga Valley Scenic Railroad) 19 min - 10.0 mi
Transit/SubwayDriveWalkDistance
East 105 - Quincy (Red Line - Greater Cleveland Regional Transit Authority Rapid Transit (The Rapid)) 1 min 12 min 0.6 mi
Cedar - University (Red Line - Greater Cleveland Regional Transit Authority Rapid Transit (The Rapid)) 2 min 19 min 1.0 mi
AirportDriveWalkDistance
Cleveland-Hopkins International 28 min - 16.0 mi
David Leb 216-525-1488 Cushman & Wakefield | CRESCO Real Estate
David Leb 216-525-1488 Cushman & Wakefield | CRESCO Real Estate