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Property profile & analytics
OFF-MARKET
Land

V/L Br Rd And Smith Rd Medina, OH 44256

6.12 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 6.12 ac (266,587 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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