5270 Montville Dr Medina, OH 44256
- Land
Current Use by Public Records
- Land
Property Details for 5270 Montville Dr
- Property type
- Land
Description
This exceptional 8.02-acre commercial and residential development site presents a unique investment opportunity in Medina, Ohio. Ideally situated just off I-71 and Route 18, this property boasts unparalleled access to major transportation arteries, with 65,200 vehicles per day (VPD) on I-71 and 33,000 VPD on Medina Road (Route 18). Its convenient location is only 10 minutes from Medina's Public Square, offering easy access to the city's amenities and vibrant community. The site is zoned R-3, permitting the development of up to 40 multi-family units, making it an ideal location for a multi-family residential project or a multi-tenant commercial development. All utilities are readily available on-site, simplifying the development process. The surrounding area demonstrates strong demographics, with a population of 18,418 within a 3-mile radius and a median household income of $108,862 within the same area, and $89,764 within a 5-mile radius. The property's APN is 030-11B-10-029. This is a rare opportunity to acquire a large, well-located parcel of land with significant development potential in a thriving Ohio market. The address is 5270 Montville Dr, Medina, OH 44256.
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
- -81.7944
- Latitude
- 41.1316
