12676 Main St Burton, OH 44021
- Land
- 64.43 lot acres
Current Use by Public Records
- Land
Property Details for 12676 Main St
- Lot size
- 64.43 lot acres
- Property type
- Land
Description
This exceptional 64.43-acre commercial land parcel, located at 12676 Main St, Burton, OH 44021, presents a compelling investment opportunity. Zoned M1 General Industry, this property boasts 848 feet of frontage on Route 422, directly across from the Great Lakes Industrial Parkway, ensuring high visibility and accessibility. A significant advantage is the potential for a community revitalization area (CRA) tax abatement of up to 15 years, offering a substantial tax break of up to 14% on new buildings. Additional tax discounts may be available for qualified forestry. The property's strategic location provides easy access to I-80, with a daily traffic count of 14,859 vehicles, and benefits from a traffic light and turning lane at the existing industrial park. Its proximity to major population centers—within a 700-mile radius of two-thirds of the US and Canadian population—makes it an ideal location for various commercial ventures. Infrastructure is well-established, including three city sewer manholes and natural gas availability on the site. Currently, the property generates income from three residential rentals, a large barn, and two horse walking stalls. Development possibilities are numerous, including corporate office complexes, light industrial facilities, gas stations, rehabilitation or long-term care facilities, distribution centers, and more. The property is less than 25 minutes from downtown Cleveland and within a 20-45 minute drive of five airports, with an emergency life flight facility at Great Lakes Park. The asking price is $2,000,000. APN: 32-043900.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Burton
- County
- Geauga
- State
- Ohio
- Longitude
- -81.1451
- Latitude
- 41.4746
