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    5669 Greenwich Rd Seville, OH 44273

    Sponsored
    For Sale
    $2,100,000

    Prime Commercial Land, Redevelopment Opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 105-acre commercial land parcel presents a remarkable redevelopment opportunity in Seville, Ohio. Strategically located on Greenwich Road, the property boasts exceptional visibility from Route 224, ensuring high traffic exposure for any future development. The mostly flat terrain simplifies construction and planning. The property includes existing structures, adding potential value or flexibility to redevelopment plans. These structures consist of a three-bedroom house, a detached garage, and a barn. Currently, 50 acres are under a short-term lease for sod farming, while the remaining acreage is used for agricultural purposes. This diverse land use history highlights the property's versatility. The Medina County location offers access to a robust infrastructure and a supportive local municipality that is receptive to various commercial development proposals. The asking price for this expansive and strategically positioned property is $2,100,000. This represents a significant investment opportunity with substantial potential for future growth and return. The property's size, location, and existing structures make it an ideal candidate for a wide range of commercial ventures. Don't miss this chance to acquire a substantial piece of prime Ohio commercial real estate.

    Property Features for 5669 Greenwich Rd

    General Information

    Property type
    Land
    Lot Size
    4,573,800 SF

    HighLights

    • Level topography.
    • Excellent visibility from Route 224.
    • Includes a 3‑bedroom residential home.
    • Features a detached garage and barn.
    • High redevelopment potential.
    • 50 acres under short‑term sod lease.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Wholesale Shop Auto Repair Shop Gym & Fitness Kitchen & Bath Storage Facility Bar & Pub HVAC Service Cafe & Coffee Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Seville
    County
    Medina
    State
    Ohio
    Longitude
    -81.8927523
    Latitude
    41.0239373

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - Prime Commercial Land, Redevelopment Opportunity
    Where is this land located?
    The property is located at 5669 Greenwich Rd Seville, OH.
    What is the asking price?
    The asking price for this property is $2,100,000.
    What are key features of this property?
    This property features: Level topography.; Excellent visibility from Route 224.; Includes a 3-bedroom residential home.
    (330) 940-9360
    Request Owner's contact information
    5669 Greenwich Rd Seville, OH 44273
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    Seville, OH 44273
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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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    5669 Greenwich Rd Seville, OH 44273
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