V/L Br Rd And Smith Rd Medina, OH 44256
- Land
- 6.12 lot acres
Current Use by Public Records
- Land
Property Details for V/L Br Rd And Smith Rd
- Lot size
- 6.12 lot acres
- Property type
- Land
Description
This exceptional 115-acre industrial land offering presents a unique investment opportunity in Medina, Ohio. Located in an Opportunity Zone, this expansive site boasts I-1 industrial zoning, making it ideal for a variety of commercial and industrial developments. The property comprises five parcels totaling approximately 115.9 acres, with readily available water at the street and sewer lines nearby. Conveniently situated between Branch Road and West Smith Road, the property offers significant frontage on both roads, providing excellent accessibility and visibility. Its strategic location places it just west of Commerce Drive and the Medina Industrial Park, offering easy access to major transportation arteries. Specifically, it's approximately 10.5 miles from the intersection of I-71, Route 224, and I-76, and 8.5 miles from I-71 and Route 18. The property's size, zoning, and location make it one of the largest industrially zoned sites in Northeast Ohio. The asking price is $4,462,150, translating to $43,500 per acre. The property's APN numbers are 050-31A-24-003, 050-31A-26-003, 050-31A-26-006, 050-31A-24-004, and 050-31A-26-009. With approximately 1000 feet of frontage on Branch Road and approximately 1800 feet of frontage on West Smith Road, this property offers unparalleled development potential. The property is also located 2.5 miles west of Downtown Medina.
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
- -81.8631
- Latitude
- 41.1524
