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Branch Rd - 115.9 AC Industrial V/L in Opportunity Zone 115.9 Acres of Industrial Land Offered at $4,462,150 in Medina, OH 44256

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INVESTMENT HIGHLIGHTS

  • Just west of Commerce Dr. and the Medina Industrial Park
  • Approx. 1000' frontage on Branch Rd.
  • 138K V line approx. 0.3 miles away
  • Approx. 1800' frontage on W. Smith Rd.
  • 2.5 Miles west of Downtown Medina
  • 69K V line approx. 0.5 miles away

EXECUTIVE SUMMARY

One of the largest Industrially zoned sites in Northeast Ohio AND located in an OPPORTUNITY ZONE for $38,500/Acre! This property is situated between Smith Rd and Branch Rd contains five parcels to make up the 115.9 acres. The land is zoned I-1 Industrial with water at the street and sewer nearby. There is a 138K V electric line roughly 0.3 miles away and a 69K V electric line roughly 0.5 miles away. The property is easily developed with water onsite and sewer nearby. It also provides direct frontage on both W. Smith and Branch roads.

PROPERTY FACTS

Price $4,462,150
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use Industrial
Total Lot Size 115.90 AC
Opportunity Zone Yes
Zoning I-1 - Industrial

1 LOT AVAILABLE

Lot 1

Price $4,462,150
Price Per AC $38,500.00
Lot Size 115.90 AC

+/- 1800' frontage on W. Smith Rd. and +/- 1000' frontage on Branch Rd. 2.5 Miles from Downtown Medina, just west of Commerce Dr. and the Medina Industrial Park 8.5 miles from I-71 and Rt. 18 10.5 miles to 1-71/Rt. 224/I-76

DESCRIPTION

One of the largest Industrially zoned sites in Northeast Ohio AND located in an OPPORTUNITY ZONE! This property is situated between Smith Rd and Branch Rd contains five parcels to make up the 115.9 acres. Land is zoned I-1 Industrial with water at the street and sewer nearby. The property is easily developed and provides direct frontage on both W. Smith and Branch roads.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 050-31A-24-004
  • 050-31A-26-006
  • 050-31A-24-003
  • 050-31A-26-009
Land Assessment
$236,090
Improvements Assessment
$0
Total Assessment
$236,090
  • Listing ID: 19465439

  • Date on Market: 5/7/2020

  • Last Updated:

  • Address: Branch Rd, Medina, OH 44256

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