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Property profile & analytics
OFF-MARKET
Land

324 Akron Rd Wadsworth, OH 44281

68 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 68-acre property in Wadsworth, Ohio, presents a unique dual-use opportunity. Strategically located just south of Interstate 76 and existing retail development along Akron Road at 324 Akron Rd, this land offers significant potential for both commercial and residential development. The property comprises two distinct parcels. The front four acres are zoned for commercial use, ideal for retail, office, or light industrial ventures, capitalizing on its high-visibility location near the interstate. The remaining 64 acres are zoned for residential development, providing ample space for a variety of housing options, from single-family homes to multi-family complexes. The property's size and zoning flexibility make it an attractive investment for developers seeking a mixed-use project. The Medina County location offers easy access to major transportation routes, making it a convenient and desirable location for residents and businesses alike. With its prime location and versatile zoning, this property represents a rare opportunity to create a thriving community hub. The zip code is 44281. The latitude and longitude coordinates are 41.040306 and -81.700329 respectively. This is a truly remarkable opportunity to acquire a substantial land parcel with significant development potential.

Property profile
Verified
Property type Land
Lot 68 ac (2,962,080 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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