Technology Ln Medina, OH 44256
- Land
- 19.51 lot acres
Current Use by Public Records
- Land
Property Details for 0 Technology Ln
- Lot size
- 19.51 lot acres
- Property type
- Land
Description
This exceptional 19.51-acre commercial land parcel in Medina, Ohio, presents a unique investment opportunity. Located within the Innovation Park Planned Unit Development (IPUD), this property boasts 891 feet of frontage and 825 feet of depth on Technology Lane. The site offers immediate access to all essential utilities, including sewer and water. Its strategic location just south of Medina's industrial park provides excellent access to transportation networks, with Interstate 76 and Routes 3/224 conveniently located seven miles away. The property is zoned for a variety of uses, including research and development, corporate headquarters, computer systems design, educational institutions, electronic assembly and research, laboratories, professional activities, accessory buildings, light manufacturing and assembly, and data centers. Significant tax incentives are available through the Community Reinvestment Area (CRA). A completed geotechnical study is available, and the property's location within an Opportunity Zone adds further investment appeal. The asking price is $295,000, translating to approximately $15,120 per acre. Annual property taxes are $4,488. This prime location and versatile zoning make this property ideal for a wide range of commercial developments.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Medina
- County
- Medina
- State
- Ohio
- Longitude
- -81.9021
- Latitude
- 41.1028
