19.36 Acres of Vacant Land for Sale - Pearl Road
Pearl Rd 19.36 acres
Medina, OH 44256
https://thebrokerlist.com/have/19-36-acres-vacant-land-sale-pearl-road-92335
FOR SALE
Property Type:
Other Land
Last Verified:
Apr 22, 2021
Highlights
- Total Acreage: 19.36 AC
- Price Per Acre: $30,940
- Frontage: +/- 1,384' on Pearl Road
- Depth: +/- 520'
- Parcel can be subdivided at an alternate price
- Zoning: General Business - Church, Hotel, Food Services, Business/Professional Services or Service Facilities
- Utilities: Sewer and Water available at site
- Highway Access: 5 minuets to I-71/SR-3 interchange
- Traffic Count: 10,130+
- Annual Taxes: $3,006
Description
19.36 acres of vacant land on Pearl Road between Medina and Brunswick. The frontage is 1,384' and the depth is 520'. Sewer and water are available on site. Zoning is General Business District which can occupy a church, hotel, food service, school, business or professional services, or service facilities.
Property location is centrally located just minutes to downtown Medina and 5 minutes to I-71.
Lot Size: 19.36 acres
Map of Pearl Rd 19.36 acres, Medina, OH, 44256
What are Real Estate Incentives?
Real Estate incentives range widely and have been overlooked by the
Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."
Why are Real Estate Incentives Important and to Whom?
"Incentives" are vital today and in the future because:
- U.S. Public: Many incentives focus on job creation and Affordable Housing
- Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
- Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
- Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.
