7400 Engle RoadMiddleburg Heights, OH 44130

7400 Engle RoadMiddleburg Heights, OH 44130

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$699,000 Active
Land - Commercial MLS 5162780

Listed By

Agency Name: ERA Real Solutions Realty
Agency Contact: rainsnap1@gmail.com, 440-832-1500

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

Prime 11-Acre Development Opportunity ? Middleburg Heights, OH Tremendous opportunity with over 200' frontage on Engle Rd overlooking the Cleveland Metroparks conservation area. Two parcels totaling ??11 acres, including one with a permanent conservation easement (??7.16 acres protected). Existing home and two-story garage currently tenant-occupied. Zoned commercial. Over two acres of prime development area ideal for restaurant, multifamily, short- and mid-term rental, warehouse/light industrial, office/retail with parking, and other potential uses. Preliminary (not confirmed) estimates indicate that on a 3.81-acre (~165,964 sq ft) commercial site, a 3-story select-service hotel with surface parking could support a 35,00045,000 sq ft footprint and roughly 140180 rooms, with code-compliant parking on-site.

7400 Engle Road | MLS# 5162780

This land located at 7400 Engle Road, Middleburg Heights, OH 44130 is currently listed for sale with an asking price of $699,000. The property has approximately 11.00 Acres. Engle Road is located within the Berea City school district. Search Middleburg Heights real estate on 9590shawneetrail.cutlerhomes.com today.

Property Features

Property Type: Land - Commercial
Lot Size: 11.00 Acres
Taxes: $4,300 / year

Feature Descriptions

Lot: Additional Land Available
Parcel#: 373-04-007
Parking: Paved
Sewer: Other, Septic Tank
Utilities: Electricity Available, Natural Gas Available
Water: Public

Local Schools

School District: Berea City

Demographics

Cuyahoga County Demographic Information for 7400 Engle Road, Middleburg Heights, OH 44130
Fips
Fips Code 39035
Population
2020 to 2023 Change down 2.5%
2010 Count 1,280,122
2020 Count 1,264,817
2023 Estimate (V2023) 1,233,088
2020 Estimate (V2023) 1,264,775
Age Distribution (Years Old)
0 to 4 5.3%
5 to 17 20.3%
18 to 64 54.8%
65 and Older 19.6%
Gender
Male 48.1%
Female 51.9%
Place of Birth
Foreign 7.6%
US 92.4%
Education
High School Graduate, Age 25+ 90.9%
Bachelor's Degree or Higher, Age 25+ 35.2%
Computer and Internet use
Households with a computer 92.0%
Households with a broadband Internet subscription 85.7%
Language
English is Second Language, Age 5+ 12.3%
English is First Language, Age 5+ 87.7%
Veterans
Veterans 60,427
Income
Per Capita Income $39,807
Median Household Income $60,074
People in Poverty 16.6%
Commute
Average Work Commute Time 24 minutes
Housing
Total Housing Units 615,116
Households 552,421
Average Household Size 2.23
Owner-Occupied 58.4%
Multi-Family 34.9%
Owner-Occupied Median Value $168,700
Median selected monthly owner costs -with a mortgage $1,472
Median selected monthly owner costs -without a mortgage $630
Median gross rent $952
Building Permits
New Private Housing Issued 2023 1,028
Years at Residence
1 Year or More 86.1%
Less Than 1 Year 13.9%
Business and Employment
Private non-farm Establishments 31,738
Private non-farm Employment 631,443
Private non-farm Employment Growth up 0.7%
Nonemployer Establishments 105,877
Number of Firms 114,192
Business Production
Value of Shipments $23,225,392,000
Wholesale Trade $24,854,217,000
Retail Trade $16,920,714,000
Retail Sales Per Capita $11,914
Accommodation and Food Services $3,332,698,000
Land
Land Area 457.19 sq. miles
Population Per Square Mile 2,800

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 3,972.63 per month $3,410.43 Principal & Interest $358.33 Property Tax $203.88 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Croos Country Mortgage