1380 Varney Dr Wadsworth, OH 44281
This exceptional 63.674-acre property in Sharon Center, Ohio, presents a unique investment opportunity. The site boasts a 2,888 square foot, single-story Class B warehouse built in 2004. The warehouse sits on a 100ft x 200ft lot within a larger parcel offering significant development potential. The property is zoned for both residential (R1) and industrial (I1) use, providing flexibility for various projects. Residential zoning requires a minimum 2-acre lot size, suggesting potential for upscale residential development. The relatively flat terrain, with a gentle western slope, adds to the property's appeal. Its convenient location near Sharon Circle and Highland schools enhances its desirability. Public utilities are available. The property's address is listed as 1380 Varney Dr, Sharon Center, OH 44281, with the entrance directly across from 6965 Ridge Rd. The asking price for this expansive property is $1,500,000. Access to the property requires prior authorization. The Medina County parcel number is 03312C15017|1. This versatile property is ideal for developers seeking a strategic location with significant acreage and dual zoning capabilities.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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