480 Pearl Rd Brunswick, OH 44212
For Sale
1 / 5
This exceptional 2.25-acre commercial land parcel presents a unique redevelopment opportunity in Brunswick, Ohio. Strategically located on Pearl Road, this property boasts 410 feet of frontage and 400 feet of depth on Chestnut Avenue. The site comprises seven separate parcels, offering flexibility for various development plans. All utilities are readily available. A clean Phase 1 environmental assessment was completed in 2022. The property is zoned C-2 Community Commercial (Brunswick Hills) and G-C General Commercial (Brunswick), allowing for a wide range of commercial uses. Situated just one mile north of the intersection of Pearl Road and Center Road (Rt 303), this location offers convenient access to I-71 (3.8 miles, 10-minute drive). The high traffic count on Pearl Road (14,668 vehicles daily) ensures excellent visibility and accessibility. Annual real estate taxes for 2023 were $6,546.76. This thriving area, situated between Grafton and Boston Road, benefits from a dense residential population. The existing structure will require demolition, presenting a blank canvas for your vision. The asking price is $399,000, translating to approximately $177,333 per acre. This is an unparalleled opportunity to capitalize on the growth and potential of this prime Brunswick location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
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.