#1 • 1.47 AC Development Land Zoned Light Industrial / Retail
Part of 1.47 AC Cleveland Industrial Land (timed auction by Transition Auction Group)
Location: Cleveland, OH
High bid $145,000.00
Status: No sale
Category: Commercial Land Auction
Online Only Industrial Infill Land – Rail Adjacent – Cleveland South Submarket ±1.47 acres (±64,000 SF) of SI-zoned industrial vacant land offered at public auction. The site is positioned along South Miles Road in Cleveland’s established industrial corridor and is adjacent to the Cleveland & Mahoning Valley rail line (no spur currently installed). The property was previously improved; improvements were razed in 2020 per county records. The parcel is currently classified as Industrial Vacant Land (3000) under Cuyahoga County records. Property Overview Parcel Number: 143-11-039 Address: 17001 S. Miles Rd Cleveland, OH 44148 Property: 1.47 acre vacant Industrial infill lot Zoning: SI / SI-C3 Industrial Zoning Rail adjacency (no direct spur) Structure: Formerly improved site (building razed 2020) Typography: Level topography - trees and open lot Miles Avenue corridor access (12,000+ VPD) Zoning Positioning SI Industrial zoning supports a range of industrial and employment-based uses. Buyers should confirm permitted and conditional uses with the City of Cleveland Planning Department. ONLINE AUCTION ONLY Terms and Conditions A) If you are the high bidder, you are contractually obligated to buy the real estate at the price stated as Your bid, Buyer’s Premium, fees, and all other applicable Buyer closing costs. B) Successful Bidder will be required to enter into the purchase agreement within 2 hrs after close of auction as posted on the Documents tab and tender a NON-REFUNDABLE Earnest Money deposit of 10% of final Purchase Price by cash, check, or electronic transfer after the end of the auction within 24 hours. Failure to execute the purchase contract and tender the earnest money deposit will put the bidder in default. C) Default by Bidder: In the event of a default by the Bidder under the terms and conditions of this auction, the Auctioneer reserves the exclusive right to terminate this Agreement and take any and all actions deemed necessary and appropriate to sell the property, including, but not limited to, offering the property to the next highest bidder or re-listing the property for auction at the Auctioneer's discretion. Nothing herein shall limit or relieve the Bidder's liability for any actual damages sustained by the Auctioneer, Seller, or any third party as a result of such breach. The Auctioneer's exercise of rights under this section shall not constitute a waiver of any other rights or remedies available to the Auctioneer, Seller, or any affected third party under this Agreement or applicable law. D) Each Buyer is responsible for conducting their own due diligence on the Property before bidding. The buyer is encouraged to conduct an inspection(s) prior to bidding. E) The real estate sells in AS IS condition. The Seller is not making any repairs or making any concessions. F) The sale is not contingent upon a satisfactory inspection. G) The sale is not contingent upon the Bidder(s) ability to secure financing. The buyer assumes responsibility for the appraisal gap, if any. H) Closing to occur on or before April 26th, 2026. I) Seller will provide and pay for owner’s title insurance, preparation of deed, conveyance fee, and the proration of real estate taxes. J) Bidder acknowledges receipt of a copy of the real estate purchase agreement for this Auction. K) There is a 10% (TEN) Buyer’s Premium added to your final bid to determine the final purchase price. By registering for this auction you are accepting all Terms and Conditions! The bidding will begin to close at 4:00 PM March 25th, 2026 with a two minute auto extend. This means that if a bid is placed within the last two minutes, the bidding will be extended for an additional two minutes. What are you waiting for? You truly must see this property in person to fully appreciate it. Register to bid and check out all the documents and photos that we have available for your due diligence. Great investment opportunity! For Property Information and Tours: Michelle Angeny, ACoM | EXP COMMERCIAL 216-926-8481 | michelle.angeny@expcommercial.com Lovie Hogan | EXP REALITY 216-541-9164 | lovie@asonerealty.net For Auction Information: Adrian Walters, CAI Auctioneer | TRANSITION AUCTION GROUP, LLC Senior Advisor | EXP COMMERCIAL 614-348-8377 | adrian@transitionauctiongroup.com Auctioneer License # 2019000013 Corporate License # 2025000087
