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    3 Acres Of Rear Land At Pearl Rd Brunswick, OH 44212

    Sponsored
    For Sale
    Contact for pricing

    3-Acre Residential Development Site

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 3-acre parcel, located at 3 Acres of Rear Land at Pearl Rd, Brunswick, Ohio 44212 (APN 003-18C-04-119), presents a prime opportunity for multifamily development. Zoned R-M Medium Density Residential by the City of Brunswick, this site benefits from its strategic location near existing apartments and substantial commercial development, ensuring high visibility and convenient access. While not currently serviced by city water and sewer, these utilities are readily accessible nearby, minimizing infrastructure costs. The property enjoys a high traffic count along Pearl Rd and is situated within Brunswick's Community Reinvestment Area. Further enhancing its appeal is its proximity to I-71 (a 7-minute drive) and access to the high-speed Medina County Fiber Network. This location offers a strong foundation for a successful multifamily project, capitalizing on the area's existing infrastructure and vibrant community. The property's size and zoning provide significant potential for a substantial development. Serious inquiries are encouraged.

    Property Features for 3 Acres Of Rear Land At Pearl Rd

    General Information

    Property type
    Land
    Lot Size
    130,680 SF

    HighLights

    • High traffic counts on Pearl Rd.
    • Utilities readily accessible, minimizing infrastructure costs.
    • 7‑minute drive to I‑71.
    • Located within Brunswick's Community Reinvestment Area.
    • High‑speed Medina County Fiber Network access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Brunswick
    County
    Medina
    State
    Ohio
    Longitude
    -81.841425548512
    Latitude
    41.232161666596

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    FAQs

    What type of property is this?
    Land - 3-Acre Residential Development Site
    Where is this land located?
    The property is located at 3 Acres Of Rear Land At Pearl Rd Brunswick, OH.
    What are key features of this property?
    This property features: High traffic counts on Pearl Rd.; Utilities readily accessible, minimizing infrastructure costs.; 7-minute drive to I-71.
    (330) 396-6292
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    3 Acres Of Rear Land At Pearl Rd 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
    3 Acres Of Rear Land At Pearl Rd Brunswick, OH 44212
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