7.5356 acres of Land - Perfect for Retail and Office Use
2944 Pearl Rd
Medina, OH 44256
https://thebrokerlist.com/have/7-5356-acres-land-perfect-retail-and-office-use-86902
FOR SALE
Property Type:
Other Land
Last Verified:
Dec 16, 2020
Highlights
- Price Per Acre: $56,366
- Lot Size: 7.54 Acres
- Zoning: Limited Business
- Proposed Zoning: Used car & auto uses, gas station, hotel, food service and more
- Utilities: Available at street
- Traffic Count: Pearl Road - 12,480; Hamilton Road West - 3,329; Hamilton Road East - 2,135
- Property Taxes: $2,476
Description
7.5356 acres of land zoned Limited Business. 43,900sf retail center conceptual site plan available for this lot with 201 parking spaces. All utilities. Great exposure between Medina and Brunswick.
Located at the corner of Pearl Rd. and Hamilton Rd. Conveniently located between Medina and Brunswick just 6 minutes from I-71.
Lot Size: 7.54 acres
Map of 2944 Pearl Rd, 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.
