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    7124 Spencer Lake Rd Medina, OH 44256

    Pending
    For Sale
    Contact for pricing

    LAND - Medina, OH

    Lot size:
    13.00 Acres
    Days on Market:
    21
    Last Refresh:
    Dec 9 at 4:06 am

    Property Features for 7124 Spencer Lake Rd

    General Information

    Special listing conditions
    Auction
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Auction
    Standard status
    Pending
    Vegetation
    Wooded
    APN
    020-10A-28-034
    Lot size
    13.00 Acres

    richard t. kiko agency, inc. (330) 343-7355 [email protected]

    Listing agent Kristen Kiko (330) 234-7110 License #2016004494

    Listing date Nov 19, 2025

    MLS# 5162345 Listing URL

    Copyright © 2025 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Medina Land with Ranch Home

    This real estate opportunity features two parcels. The first parcel consists of one acre improved with a 1,436 sq. ft. ranch home built in 1957, featuring a 16'x28' living room with a gas log fireplace, a kitchen with breakfast bar, a dining room, three bedrooms, and a full bath. Additional features include a two-car garage, a large rear deck, and a full basement plumbed for a full shower bath. The home is equipped with a Bryant 90X gas furnace with central A/C, a well and septic system, a hobbyist workbench, and a small rec room in the basement. A detached 32'X40' garage/shop with lean-to provides space for a car buff, hobbyist, or general storage. The second parcel consists of approximately 13 acres with a parklike setting and nature hideaway. It includes approximately 145 ft. of road frontage and a half-acre stocked lake. The land is a mix of wooded area and a small hayfield, suitable as a future building site. The property is located in Lafayette Township, Medina County, within the Cloverleaf Local School District.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Building Supply Kitchen & Bath Daycare Center Discount Store Plumbing Service Florist

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Medina
    County
    Medina
    State
    Ohio
    Longitude
    -81.946001
    Latitude
    41.111789

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    FAQs

    What type of property is this?
    Agricultural land - 13 acres, partly wooded, with lake, ranch home and shop.
    Where is this agricultural land located?
    The property is located at 7124 Spencer Lake Rd Medina, OH.
    What are key features of this property?
    This property features: - 13-acre parcel with a half-acre **stocked lake, offering a park-like setting** and potential building site.; - One-acre parcel includes a well-maintained, one-owner, 1,436 sq. ft. ranch home with 3 bedrooms, a full basement, and a 2-car garage.; - Features a **32'x40' detached garage/shop with lean-to**, ideal for hobbyists or storage.
    (330) 234-7110
    Request Owner's contact information
    7124 Spencer Lake Rd Medina, OH 44256
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    Medina, OH 44256
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7124 Spencer Lake Rd Medina, OH 44256
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