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Investment Highlights

  • 80-acre redevelopment site in Cortland with multiple zoning options: R-M, R-12, and S-1 Service Districts.
  • Former golf course setting with scenic surroundings and established residential adjacency.

Executive Summary

Rock Springs Reserve offers a unique redevelopment opportunity spanning 80 acres in Cortland, Ohio. Formerly Walnut Creek Golf Course, the property includes multiple parcels with flexible zoning, suited for residential and service-oriented uses. Phase 1 redevelopment comprises 71 acres with full access to city infrastructure including sanitary sewer, waterlines, stormwater systems, and road networks.
Surrounded by an established and upscale residential environment, including Walnut Run’s condominiums and custom homes priced between $400,000 and $650,000, this site is positioned to leverage strong housing demand and a desirable neighborhood setting. Nearby senior living communities enhance the viability for mixed-use or specialty residential projects. The location benefits from proximity to State Route 11 and noteworthy local amenities, amplifying appeal for developers seeking growth prospects in a region characterized by stability and strong demographics.

Property Facts

Sale Type Investment
No. Lots 3
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Apartment Units - Condo
  • Single Family Development
Total Lot Size 71.00 AC
No. Stories 2
Zoning R-M/R-12/S-1 - Residential Multi-Family District/Residential District/Service District

3 Lots Available

Lot

Lot Size 23.59 AC

Phase 1 spans 71 acres with full utility access and installed roadway infrastructure.

Lot

Lot Size 3.00 AC

Phase 1 spans 71 acres with full utility access and installed roadway infrastructure.

Lot

Lot Size 44.41 AC

Phase 1 spans 71 acres with full utility access and installed roadway infrastructure.

Somewhat walkable
20/100
Exceptionally drivable
90/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
11-140032
Land Assessment
$6,200
Improvements Assessment
$19,220
Total Assessment
$25,420
  • Listing ID: 40803177

  • Date on Market: 6/5/2026

  • Last Updated:

  • Address: 601 E Main St, Cortland, OH 44410

Contact the Sale Advisor

601 E Main St

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