Listing Agency: The Schueler Group

Listed By: Jeff Eichhorn · License #OH BRKP.2015002479

Source: Crexi

Added: Jul 27, 2023 Changed: Aug 18 Last Checked: Sep 4 at 8:08PM

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Investment Insights

Based on property information with market context.

This expansive 65-acre property presents an opportunity for commercial development. The site features frontage on both sides of Herold Road and SR-32, providing visibility and accessibility. Its commercial zoning supports a range of development options, including commercial, residential, and assisted living facilities. The village is prepared to partner with developers through tax abatements and other incentives to encourage investment and business growth, with a dedication to fostering economic development and creating a thriving community. The property's location, surrounded by existing development, makes it suitable for future medical, retail, or other commercial ventures. A nearby development that will include 300 single-family homes and 300 apartments is planned, which is expected to increase demand for services and amenities.

Key Highlights

• Prime location with frontage on Herold Rd. and SR‑32, offering excellent visibility and accessibility.
• Flexible commercial zoning allows for a wide range of development options.
• Village committed to partnering with developers through tax abatements and other incentives.

Property Analytics

Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

20

Businesses Nearby

Explore this area Business Placement

Demographics for 45103, OH

35,237

Population

14,928

Households

2.4

Avg Household Size

39

Median Age

27%

College-Educated

90%

High-School Grad

85.3 sq mi

ZIP Area

413

Density / Sq Mi

$81,837

Median Household Income

$45,027

Median Earnings

$1,050

Median Rent

$242,700

Median Home Value

Questions? Ask Rey

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

Frequently Asked Questions

What type of property is this?

Commercial land - Large commercial land with frontage on SR-32 and Herold Rd.

Where is this commercial land located?

The property is located at SR-32 & Herold Road Stonelick, OH.

What are key features of this property?

This property features: Prime location with frontage on Herold Rd. and SR‑32, offering excellent visibility and accessibility.; Flexible commercial zoning allows for a wide range of development options.; Village committed to partnering with developers through tax abatements and other incentives.