Listing Agency: The Masica Company

Listed By: Steve Masica · License #OH #2013002150 Show Phone

Source: Crexi

Added: May 6, 2020 Changed: Aug 22 Last Checked: Sep 7 at 12:18PM

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Investment Insights

Based on property information with market context.

This 115.9-acre property, located in Northeast Ohio, is zoned I-1 Industrial. The site is composed of five parcels and is situated between Smith Road and Branch Road. Water is available at the street, and sewer is located nearby. The property offers frontage on both W. Smith Road and Branch Road. It is located in an opportunity zone.

Key Highlights

• Largest industrially zoned site in Northeast Ohio.
• Located in an opportunity zone.
• Zoned I‑1 Industrial.

Property Analytics

Current Use

Industrial land

Location Intelligence

Trade Area within ½ mile

1,192

Businesses Nearby

Explore this area Business Placement

Demographics for 44256, OH

64,815

Population

26,740

Households

2.4

Avg Household Size

43

Median Age

42%

College-Educated

96%

High-School Grad

130.8 sq mi

ZIP Area

496

Density / Sq Mi

$100,345

Median Household Income

$55,180

Median Earnings

$1,120

Median Rent

$292,000

Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

Questions? Ask Rey

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What type of property is this? Where is this industrial land located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Industrial land - 115.9 acre industrial site in Northeast Ohio.

Where is this industrial land located?

The property is located at Branch Road and Smith Road V/L Medina, OH.

What is the asking price?

The asking price for this property is $4,462,150.

What are key features of this property?

This property features: Largest industrially zoned site in Northeast Ohio.; Located in an opportunity zone.; Zoned I‑1 Industrial.