Listed by Cushman & Wakefield CRESCO Real Estate
Unpriced
Development Site in Opportunity Zone
Details
APN 00722028
Property Type Land, Multifamily
Sub Type Commercial, Apartment Building
Acreage 3.714
Land | 4 acres
Marketing description
For Sale
Investment highlights
Opportunity Zone: Located within a federally designated Opportunity Zone, offering potential capital gains tax deferral and long-term tax advantages for qualified investors
Ideal for vertical residential development: The site is well-suited for multi-story residential development, including apartments, stacked flats, or mixed residential configurations, allowing developers to maximize density and land efficiency.
Centrally located with great connectivity to the Ohio City & Tremont neighborhoods; easy access to Downtown Cleveland, the Detroit Shoreway, and MetroHealth’s $1B+ main campus redevelopment.
Expansion flexibility: Additional ±0.2 acres available.
Parcel #00722028: 4 AC
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Listed by Cushman & Wakefield CRESCO Real Estate
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