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    1600 Pearl Rd Brunswick, OH 44212

    Sponsored
    For Sale
    Contact for pricing

    Prime 3-acre lot, R-M zoning, ideal for multifamily development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3-acre parcel, located at 1600 Pearl Rd in Brunswick, Ohio (APN: 00318C04119|1), presents a remarkable opportunity for multifamily development. The property is zoned R-M (Medium Density Residential) by the City of Brunswick, making it perfectly suited for apartment complexes or similar projects. Its strategic location offers significant advantages, situated amidst existing apartments and substantial commercial development, ensuring a vibrant and convenient environment for future residents. The proximity to Brunswick Schools further enhances its appeal. While the property is not currently serviced by city water and sewer, these utilities are readily accessible. Connections are available to the west under Jefferson Ave, to the north under Southwick Boulevard, and to the east behind Carlson's Funeral Home. This presents a straightforward opportunity for developers to integrate essential services into their project plans. The land's size and zoning regulations provide ample scope for a substantial and profitable multifamily development. This is a rare chance to acquire a well-positioned site in a thriving Ohio community. Serious inquiries are encouraged.

    Property Features for 1600 Pearl Rd

    General Information

    Property type
    Land
    Class
    A
    Lot Size
    130,680 SF

    HighLights

    • 3‑acre land parcel available for multifamily development in Brunswick, OH.
    • Located at 1600 Pearl Rd, Brunswick, OH 44212 (APN: 00318C04119|1).
    • Zoned R‑M (Medium Density Residential).
    • Utilities (water & sewer) available nearby.
    • Surrounded by apartments and commercial development, near Brunswick Schools.
    Property Profile Location Intelligence

    Current Use by Public Records

    Holy Trinity Lutheran ... Church Harmony Preschool Ltd Preschool

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Brunswick
    County
    Medina
    State
    Ohio
    Longitude
    -81.8421689
    Latitude
    41.2318657

    Nearby Comparable

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      Prime Commercial Land Opportunity

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    FAQs

    What type of property is this?
    Land - Prime 3-acre lot, R-M zoning, ideal for multifamily development.
    Where is this land located?
    The property is located at 1600 Pearl Rd Brunswick, OH.
    What are key features of this property?
    This property features: 3-acre land parcel available for multifamily development in Brunswick, OH.; Located at 1600 Pearl Rd, Brunswick, OH 44212 (APN: 00318C04119|1).; Zoned R-M (Medium Density Residential).
    (330) 396-6292
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    1600 Pearl 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
    1600 Pearl Rd Brunswick, OH 44212
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