1053 Pearl Rd Medina, OH 44256
This exceptional 16-acre commercial development opportunity is ideally situated at 1053 Pearl Rd in Medina, Ohio, zip code 44256. The property's versatile zoning allows for a variety of uses, including retail, restaurant, and other commercial ventures. The expansive acreage provides ample space for the development of multiple pads, ranging in size from one to sixteen acres. This presents a unique chance to create a thriving commercial center, catering to a diverse range of businesses and attracting a significant customer base. The location boasts high visibility and accessibility from Pearl Road, a major thoroughfare ensuring substantial traffic flow and excellent exposure for future tenants. The property's latitude and longitude coordinates are 41.1524413 and -81.8631302 respectively. This prime location in Medina, Ohio offers a compelling investment opportunity for developers seeking to capitalize on the area's robust economic growth and strong consumer demand. The flexible pad sizes allow for customized development plans to suit various business needs and scales, maximizing the potential return on investment. This is a rare chance to acquire a significant parcel of land in a desirable location, ready for immediate development. The property is classified as commercial land with multiple tenancy potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.