The defining feature of this property is its potential for division and building a new home! Spanning a vast 4.4 acres, the lot can be subdivided into two separate lots, each boasting 100 feet of frontage on a well-maintained road. This subdivision option offers an ideal prospect for those looking to construct two individual residences, whether for personal use or investment purposes. The ample space provided by each lot allows for a multitude of architectural possibilities, of charming single-family homes. For the more adventurous developer, there's also the potential to explore a variance to create a cul-de-sac, opening up the opportunity to accommodate more homes on this expansive acreage. This unique feature of the lot adds a layer of flexibility that can be harnessed to optimize its use and capitalize on the demand for new construction in the area.
The median home value in Richmond Heights, OH is $219,900. This is higher than the county median home value of $177,200. The national median home value is $338,100. The average price of homes sold in Richmond Heights, OH is $219,900. Approximately 57.51% of Richmond Heights homes are owned, compared to 34.88% rented, while 7.61% are vacant. Richmond Heights real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Richmond Heights real estate agent to arrange a tour today!
Richmond Heights, Ohio has a population of 10,748. Richmond Heights is less family-centric than the surrounding county with 15.16% of the households containing married families with children. The county average for households married with children is 23.83%.
The median household income in Richmond Heights, Ohio is $51,290. The median household income for the surrounding county is $55,109 compared to the national median of $69,021. The median age of people living in Richmond Heights is 46.4 years.
The average high temperature in July is 81.3 degrees, with an average low temperature in January of 19.1 degrees. The average rainfall is approximately 38.8 inches per year, with 72.7 inches of snow per year.