Buildable Residential
For Sale
Contact for pricing
Pending
24 Newell St, Painesville, OH 44077
Buildable lot offering nearly an acre for residential development with the option to use your own builder.
Property SizeContact for details
Days on Market143
Property Features for 24 Newell St
General Information
Standard status
Pending
Property subtype
Land
Listing Agency:
Berkshire Hathaway HomeServices Professional Realty Mentor
(440) 266-8322
Listed By:
Michael Kaim · License #OH 430767
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 30 at 7:42PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices Professional Realty Mentor
Investment Insights
Based on property information with market context.
A buildable residential lot available for sale, offering nearly an acre of development space. The property allows you to bring your own builder or request recommendations for construction.
The site is located at 24 Newell St in Painesville, OH 44077.
A new construction tax abatement is available, described as a 10-year program with 100% CRA declining by 10% each year over the 10-year period. Per the remarks, the first year for a new owner includes taxes on the lot only, while building taxes are abated 100% in year one and then decline by 10% each year thereafter.
The site is located at 24 Newell St in Painesville, OH 44077.
A new construction tax abatement is available, described as a 10-year program with 100% CRA declining by 10% each year over the 10-year period. Per the remarks, the first year for a new owner includes taxes on the lot only, while building taxes are abated 100% in year one and then decline by 10% each year thereafter.
Key Highlights
- Buildable residential lot with nearly 1 acre available
- Choose your own builder or ask for builder recommendations
- 10‑year, 100% CRA declining tax abatement: 100% abatement first year, then declines by 10% each year for building taxes
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
280
Businesses Nearby
Explore this area
Business Placement
Demographics for 44077, OH
58,253
Population
24,928
Households
2.3
Avg Household Size
42
Median Age
29%
College-Educated
91%
High-School Grad
60.5 sq mi
ZIP Area
963
Density / Sq Mi
$80,692
Median Household Income
$45,315
Median Earnings
$972
Median Rent
$217,400
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Buildable lot offering nearly an acre for residential development with the option to use your own builder.
Where is this residential land & home lot located?
The property is located at 24 Newell St Painesville, OH.
What are key features of this property?
This property features: Buildable residential lot with nearly 1 acre available; Choose your own builder or ask for builder recommendations; 10‑year, 100% CRA declining tax abatement: 100% abatement first year, then declines by 10% each year for building taxes
