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12676 Main St Burton, OH 44021

Sponsored
For Sale
$2,000,000

64 Acres, M1 Zoning, Tax Abatement

Description

Added:
Dec 11, 2024
Days on Market:
391
This exceptional 64.43-acre commercial land parcel, located at 12676 Main St, Burton, OH 44021, presents a compelling investment opportunity. Zoned M1 General Industry, this property boasts 848 feet of frontage on Route 422, directly across from the Great Lakes Industrial Parkway, ensuring high visibility and accessibility. A significant advantage is the potential for a community revitalization area (CRA) tax abatement of up to 15 years, offering a substantial tax break of up to 14% on new buildings. Additional tax discounts may be available for qualified forestry. The property's strategic location provides easy access to I-80, with a daily traffic count of 14,859 vehicles, and benefits from a traffic light and turning lane at the existing industrial park. Its proximity to major population centers—within a 700-mile radius of two-thirds of the US and Canadian population—makes it an ideal location for various commercial ventures. Infrastructure is well-established, including three city sewer manholes and natural gas availability on the site. Currently, the property generates income from three residential rentals, a large barn, and two horse walking stalls. Development possibilities are numerous, including corporate office complexes, light industrial facilities, gas stations, rehabilitation or long-term care facilities, distribution centers, and more. The property is less than 25 minutes from downtown Cleveland and within a 20-45 minute drive of five airports, with an emergency life flight facility at Great Lakes Park. The asking price is $2,000,000. APN: 32-043900.

Property Features for 12676 Main St

General Information

Property type
Land
Lot Size
2,806,571 SF

HighLights

  • $2,000,000 asking price for 64.43 acres of commercial land.
  • M1 General Industry zoning.
  • Located at 12676 Main St, Burton, OH 44021 (APN 32‑043900).
  • Potential for up to a 15‑year tax abatement through a Community Revitalization Area (CRA) program.
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Auto Parts Store

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

Location Insight

  • Map
  • Local Demand
City
Burton
County
Geauga
State
Ohio
Longitude
-81.145119
Latitude
41.4746209

FAQs

What type of property is this?
Land - 64 Acres, M1 Zoning, Tax Abatement
Where is this land located?
The property is located at 12676 Main St Burton, OH.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: $2,000,000 asking price for 64.43 acres of commercial land.; M1 General Industry zoning.; Located at 12676 Main St, Burton, OH 44021 (APN 32-043900).
More about this property
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