$39,999
About this home
Commercially zoned vacant land (land use low density apartment) located in a prime area less than a 5 minute walking distance from Case Western Reserve University. Land is also within a few minutes driving distance from University Hospital's main campus, and Cleveland Clinic's main campus. This lot offers an excellent opportunity for a variety of potential commercial uses in a high-demand location surrounded by major medical institutions, universities, and ongoing development. Convenient access to major roads, hospitals, and university amenities. Average student rental rate for a 2 bedroom unit ranges from $1150-$2000 a month making this an opportunity to build a high CAP rate asset in sustainable and rapidly appreciating area!
Property details
- MLS #
- 5197237
- Property type
- Other
- Subdivision
- Knowlton
- Status
- Active
- Days on market
- 63
- On market date
- March 30, 2026
- Stories
- N/A
- Garage spaces
- N/A
- Lot size
- 0.2025 acres
Location
Get directions →Nearby schools
Within 10 miles · public school directory data (NCES)
- Enrollment
- 253
- Student:teacher ratio
- 11.0:1
- District
- Cleveland Municipal
- Enrollment
- 339
- Student:teacher ratio
- 14.1:1
- District
- East Cleveland City School District
- Enrollment
- 406
- Student:teacher ratio
- 14.0:1
- District
- Cleveland Municipal
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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated June 2, 2026.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.