Property profile

0 Barber Rd Norton, OH 44203

OFF-MARKET
Land
35.53 ac lot
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Property summary

AI-generated overview

This exceptional 35.53-acre development opportunity in Norton, Ohio, presents a compelling investment prospect. Priced at $895,000, the property is comprised of two parcels: a 32.2984-acre section in Norton zoned I-1 Light Industrial, and a 3.2273-acre section in Barberton zoned C-3 Commercial. The property's location is easily accessible via Barber Rd, in Summit County, OH, zip code 44203. Important considerations include a portion of the land situated within a FEMA-designated 100-year floodplain. A 2013 wetlands survey identified a 1.183-acre low-quality wetlands area in the northernmost section. However, the entire property has successfully completed the Ohio EPA Voluntary Action Program, achieving their "gold standard" designation with a CNS and NFA (all documented at the Summit County Recorder's Office). This comprehensive environmental assessment provides significant due diligence support for potential developers. Summit County Parcel Numbers are 4600978 (Norton) and 0100921 (Barberton). This property offers significant potential for a variety of commercial and industrial developments.

Property profile

Verified
Property type Land
Lot 35.53 ac (1,547,687 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Barber Rd Norton, OH 44203
Norton metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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