Prime Land Development Opportunity 30661 Center Ridge Rd Lot | Terrain commercial | 0,51 ha | À vendre | 344 990 € | Westlake, OH 44145

Positioned along the highly trafficked Center Ridge Road corridor in the affluent and business-friendly community of Westlake, Ohio, this 1.26-acre parcel presents a rare dual-path development opportunity—either as a plug-and-play medical office pad or a boutique multifamily residential project. Zoned General Commercial, the site supports immediate development for a ±6,000 SF single-story medical office building with a ±30-space surface parking lot (5:1000 SF), stormwater management, and dedicated ingress/egress. The design aligns with Westlake’s commercial code, allowing for ±11% building coverage with 20 ft landscaped front setbacks and 10 ft side buffers. Its high visibility, existing utility access, and proximity to top healthcare employers such as University Hospitals and Cleveland Clinic make it ideal for urgent care, outpatient specialty clinics, or dental/orthodontic providers. Medical developers can expect minimal entitlement risk with this by-right use and land valuations in the $25–32/SF range for similar pad-ready sites.
Alternatively, the site offers strong potential for a rezone to multifamily residential, ideal for a 12–16 unit development comprising 2–3 story walk-up apartments or luxury townhomes. Featuring a thoughtfully planned internal circulation system and a ±1.75 parking ratio per unit, the layout supports open green space, a central courtyard, and potential rear patios or balconies. The site’s multifamily appeal is elevated by strong local rental demand, a median household income over $110,000, and a highly educated resident base where over 50% hold a bachelor's degree or higher. Westlake’s median home prices ($490,000) and quick sales cycle (28 days on market) support long-term value and absorption for well-executed residential product types.
Strategically located within the Cleveland MSA—one of the fastest-emerging markets in the U.S.—Westlake benefits from its proximity to I-90, I-480, and Cleveland Hopkins International Airport. The Cleveland region ranks among the top 25 U.S. metros for commercial demand, with robust infrastructure, low cost of living (23% below the national average), and generous development incentives including Opportunity Zones, TIF, and New Market Tax Credits. Westlake itself features over 4 million SF of commercial inventory and continues to attract long-term capital investment, highlighted by the $6.25 M acquisition of Hyland Software buildings and the launch of the Lake Forest Subdivision with 34 residential lots.
Surrounding amenities further enhance the site’s desirability. Just minutes away is Crocker Park—a nationally recognized 120-acre mixed-use lifestyle center with over 100 retail and dining tenants. Adjacent centers such as the Promenade at Westlake and West Bay Plaza contribute to daily traffic and service-oriented business synergy. The parcel also enjoys proximity to strong employment centers, including Hyland Software (1,987 employees), American Greetings, and Westlake’s healthcare and educational institutions.
Developers looking to capitalize on a rapidly maturing submarket with strong demographics, high traffic visibility, and flexible use potential will find 30661 Center Ridge Road to be an unmatched opportunity. Whether executed as a medical pad with immediate vertical potential or pursued as a boutique multifamily community through conditional rezoning, this property is primed for sustained performance in one of Ohio’s most compelling real estate corridors.

Concept 1: Medical Office Pad Site
-Site Configuration Highlights:
Proposed Building Size: ±6,000 SF single-story medical office
Footprint Coverage: ~11% of total lot area (meets Westlake commercial code)
Parking: ±30 spaces (5 per 1,000 SF, meets medical parking standards)
Ingress/Egress: Single entry off Center Ridge with potential secondary shared access easement
Stormwater: Surface basin or underground vault at rear portion of lot
Landscaping Buffer: 20 ft front setback and 10 ft side setback landscaped
-Developer Appeal:
Plug-and-play pad for urgent care, outpatient clinics, dental/ortho
High-traffic visibility along Center Ridge
Minimal entitlement risk (as use is by-right)
±$25–32/SF value achievable at land sale
Concept 2: Multifamily Development (Conditional Rezone)
-Site Configuration Highlights:
Proposed Density: 12–16 units (stacked flats or townhomes)
Unit Type: 2-3 story walk-up buildings or attached townhomes
Parking Ratio: 1.75 per unit = ~24–28 spaces (angle parking + rear pad)
Open Space: Central courtyard or private patio/backyard for each unit
Access: Full access from Center Ridge, possibly flared for circulation
-Developer Appeal:
Higher-per-acre yield than office or retail
Leverages regional rental demand and demographic shift
Potential gross revenue of $20K+/month stabilized
Requires zone change and potential community engagement
Current Zoning: General Commercial
While it allows for a range of uses (retail, office, medical, restaurant), the highest and best use in terms of land value uplift is likely to be one of the following:
1. Medical Office Development
Demand Drivers: Proximity to University Hospitals & Cleveland Clinic facilities; aging population; outpatient services boom.
Typical Footprint: 5,000–10,000 SF single-story with 5:1000 SF parking ratio
Land Absorption: 1–1.5 acres = ideal for medical pad site
Sales Comp: $22–$32/SF for similar pad-ready sites in Westlake
2. Townhome-Style or Boutique Multifamily
Density Feasibility: ~10–12 units per acre likely achievable with a zone change or conditional use permit
Product Type: For-rent or for-sale townhomes or stacked flats
Sales Comp: $400,000–$600,000/unit sale value depending on build type
Key Note: Rezoning required from Commercial to Multi-Family Residential
Demographics & Economic Profile, Westlake, Ohio
Population: Approximately 34,036 residents .
Median Household Income: $110,101
Average Household Income: $159,934
Median Age: 47.1 years
Educational Attainment: Over 50% of residents hold a bachelor's degree or higher
15-Minute Drive Time Radius
Within a 5-mile radius of Westlake:?
Median Household Income: $93,969.?
Population Density: 2,388 people per square mile.
Top Employers in Westlake
University Hospitals Health System: 3,202 employees?
Hyland Software, Inc.: 1,987 employees?
American Greetings Corporation: 1,167 employees?
TA Operating, LLC: 835 employees
Westlake City School District: 707 employees?
City of Westlake: 413 employees
Equity Administrative Services: 412 employees?
The Cleveland Clinic Foundation: 395 employees
Budget Dumpster, LLC: 333 employees?
KeyBank National Association: 199 employees
Nearby Retail & Amenities
Crocker Park: A mixed-use development featuring over 100 retail stores, restaurants, office spaces, and residential units .?
Promenade at Westlake: A shopping center offering a variety of retail and dining options.?
West Bay Plaza: A retail center with multiple national and local tenants.?