5120 Pearl RdCleveland, OH 44129

For Lease
Call for price

6.136 Acres, High Traffic, Divisible

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 6.136-acre retail lot, located at 5120 Pearl Road in Cleveland, Ohio (APN 01233007, Cuyahoga County, zip code 44129), presents a unique development opportunity. Currently zoned SI-C3, this property boasts a prime location centrally situated between Parma and Brooklyn, experiencing over 34,000 vehicles per day. The existing single-story, 1947-built structure on the site offers flexibility for redevelopment. The densely populated area ensures high visibility and strong potential for a new multi-tenant building. The lot is divisible, catering to various development plans. This is an excellent chance to capitalize on the significant existing retail presence and high traffic volume in this thriving commercial corridor. The property's size and location make it ideal for a variety of retail uses, offering substantial returns for an aggressive investor. The property is classified as Class B. Serious inquiries are encouraged to explore the possibilities of this remarkable development opportunity. Further details regarding the existing building and its square footage are available upon request.

Highlights

  • 6.136-acre retail lot in prime Cleveland, OH location (5120 Pearl Road, APN 01233007).
  • High traffic count exceeding 34,000 vehicles daily, situated between Parma and Brooklyn.
  • Currently zoned SI-C3, with a divisible lot allowing for flexible development plans.
  • Features an existing single-story building (1947 construction), ideal for redevelopment into a multi-tenant retail building.
  • Class B property offering high visibility and strong potential for substantial returns in a densely populated area.

Property Details for 5120 Pearl Rd

Property type
Other retail properties, Retail properties
RSF (Rentable sq. ft)
3 SF
Class
B
Year Built
1947
Buildings
1
Stories
1

Unit(s) available at that property

Space
Size
3 SF

Location Insight

City
Cleveland
County
Cuyahoga
State
Ohio
Latitude
41.4200889
Longitude
-81.7276827
5120 Pearl Rd, Cleveland, Ohio

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5120 Pearl Rd
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