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    Carpenter Rd Brunswick, OH 44212

    Sponsored
    For Sale
    $299,000

    1.42 Acres, Highway Commercial Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.42-acre commercial land parcel presents a unique investment opportunity in Brunswick, Ohio. Strategically located at the I-71 and Route 303 interchange, this property boasts 555.74 feet of frontage on I-71, providing unparalleled visibility and accessibility. Currently zoned Highway Commercial (C-H), it offers a wide range of development possibilities. While landlocked, ingress and egress is currently facilitated via the adjacent Quality Inn parking lot. The site's proximity to major transportation arteries is further enhanced by its location near sewer and water utilities. High traffic counts of 38,216 vehicles annually on Route 303 underscore the significant potential for commercial success. The property's annual taxes are $2,365.86. This parcel could be combined with neighboring properties to the north and west, creating even greater development potential. This prime location, coupled with its highway commercial zoning and excellent access, makes this an exceptional opportunity for investors seeking high-impact commercial development. The asking price is $299,000.

    Property Features for 0 Carpenter Rd

    General Information

    Property type
    Land
    Lot Size
    61,855 SF

    HighLights

    • 1.42‑acre lot.
    • Landlocked site with access via the Quality Inn parking lot.
    • 555.74 feet of I‑71 frontage.
    • Sewer and water utilities available nearby.
    • Highway Commercial zoning.
    • Excellent I‑71/SR‑303 interchange access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Brunswick
    County
    Medina
    State
    Ohio
    Longitude
    -81.8010856
    Latitude
    41.2278349

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    FAQs

    What type of property is this?
    Land - 1.42 Acres, Highway Commercial Zoning
    Where is this land located?
    The property is located at Carpenter Rd Brunswick, OH.
    What is the asking price?
    The asking price for this property is $299,000.
    What are key features of this property?
    This property features: 1.42-acre lot.; Landlocked site with access via the Quality Inn parking lot.; 555.74 feet of I-71 frontage.
    (330) 722-5002
    Request Owner's contact information
    Carpenter Rd Brunswick, OH 44212
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    Brunswick, OH 44212
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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
    Carpenter Rd Brunswick, OH 44212
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