$1 Auction – 4.46 AC Parcel Cleveland MSA | Approved For 21-Unit Townhome Development

Highlights:

• ±4.46-acre waterfront development site located along the Grand River in Fairport Harbor, Ohio (Cleveland MSA).
• Fully approved multifamily development plan allowing a buyer to move forward with a substantially de-risked entitlement profile.
• Planned for 21 total residential units, including 18 townhomes and 3 single-family homes.
• Schematic architectural plans in hand with a conceptual site plan already prepared, supporting a faster path toward execution.
• Walkable waterfront setting near Fairport Harbor shops and restaurants, offering a lifestyle-oriented residential development opportunity.
• Strong regional connectivity with easy access to State Route 2 and proximity to surrounding retail, employment, and service amenities.

Description:

Ri Marketplace Online Auction May 18th-20th, 2026
Register to bid on Marketplace:

https://rimarketplace.com/auction/3142/land/fairport-harbor/oh?utm_source=brevitas&utm_medium=listing&utm_campaign=external&utm_content=land_3142


Cushman & Wakefield | CRESCO Real Estate and Marcus & Millichap are proud to offer 1380 High Street, a rare opportunity to acquire a ±4.46-acre waterfront multifamily-zoned land site in Fairport Harbor, Ohio (the “Property”). The Property benefits from a fully approved development plan for 18 townhomes and 3 single-family homes, along with schematic architectural plans and a prepared conceptual site layout, giving buyers a meaningful head start toward development. Located along the Grand River and within walking distance of local shops and restaurants, the site combines an attractive residential setting with strong lifestyle appeal and convenient accessibility. With approvals in place and direct access to State Route 2, the Property is well suited for a developer seeking a de-risked residential land opportunity.

Fairport Harbor, Ohio is a Lake Erie submarket in eastern Lake County that combines waterfront character with access to the broader Cleveland metro. Located at the mouth of the Grand River, the village benefits from a working harbor that remains part of Ohio’s maritime transportation system, while the surrounding county continues to post growth across manufacturing, logistics, and related business investment. That combination supports a market profile tied to marine, service-commercial, light industrial, and neighborhood-oriented demand rather than large-scale institutional inventory. The Property's location further benefits from strong demographics with a population of ±73,396 and an average household income of $96,036 within a 5-mile radius.



Thomas Seaman
Auctioneer
License: 2007000016
The platform fee for this transaction is the greater of 5.00% or a minimum of $20,000.

Documents: