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- LoopNet Team
2314 Scranton Rd
Cleveland, OH 44113
Land For Sale · 0.13 AC
Investment Highlights
- This vacant, cleared land in Tremont offers a perfect opportunity for apartment or townhome development.
- The location offers easy access to restaurants, retail, art galleries, and nightlife.
- This location has a great view of downtown.
- With a spectacular downtown view, the corner lot can accommodate four or five townhomes.
- Proven locations to build town homes or an apartment building, with many townhomes selling for over $600,000.
- Full 15 year tax abatement with plans into City by year end.
PROPERTY FACTS
| Property Type | Land | Total Lot Size | 0.13 AC |
| Property Subtype | Residential |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 0.13 AC |
Description
Great opportunity for apartment building or townhome development in Tremont. Land is vacant and cleared from previous multifamily dwelling, ready to build and all utilities available at street. Spectacular downtown view. This corner lot with 0.13 acre and 125 foot depth that faces downtown allows for four or five townhomes to be built, all facing downtown. This view is guaranteed by a 60 foot height zoning and the lot sitting higher than the land across Parafine Ave. to the north. Four City parking spaces available directly across the street. Area is experiencing major residential and commercial development, including the adjacent Tremont Athletic Club and the Lincoln Apartments with retail across Willey Ave. Many new townhomes across Scranton Road have been built, some of which have sold for over $600,000. The location offers great proximity/walkability to well known restaurants, retail, art galleries, studios & night life. Easy access to Downtown, University Circle, Ohio City, Gordon Square, Duck Island and all highways. Adjacent property at 2318 Scranton Road is also available, but from a different owner.
PROPERTY TAXES
| Parcel Number | 004-05-010 | Improvements Assessment | $0 |
| Land Assessment | $4,208 | Total Assessment | $4,208 |
PROPERTY TAXES
zoning
| Zoning Code | LR-G2 (Local Retail Business District and Urban Form Overlay District.) |
| LR-G2 (Local Retail Business District and Urban Form Overlay District.) |
