3 Acres Of Rear Land At Pearl Rd Brunswick, OH 44212
This exceptional 3-acre parcel, located at 3 Acres of Rear Land at Pearl Rd, Brunswick, Ohio 44212 (APN 003-18C-04-119), presents a prime opportunity for multifamily development. Zoned R-M Medium Density Residential by the City of Brunswick, this site benefits from its strategic location near existing apartments and substantial commercial development, ensuring high visibility and convenient access. While not currently serviced by city water and sewer, these utilities are readily accessible nearby, minimizing infrastructure costs. The property enjoys a high traffic count along Pearl Rd and is situated within Brunswick's Community Reinvestment Area. Further enhancing its appeal is its proximity to I-71 (a 7-minute drive) and access to the high-speed Medina County Fiber Network. This location offers a strong foundation for a successful multifamily project, capitalizing on the area's existing infrastructure and vibrant community. The property's size and zoning provide significant potential for a substantial development. Serious inquiries are encouraged.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.