For Sale .55 Acres of Land with House - Redevelopment Opportunity
16893 Pearl Rd
Strongsville 44136
https://thebrokerlist.com/have/sale-55-acres-land-house-redevelopment-opportunity-94343
FOR SALE
Property Type:
Other Land
Last Verified:
Sep 29, 2020
Description
The .55 acres of land includes 80' of frontage and 300' of depth. The 1836 sf existing structure was built as a home but then used as a photography studio many years ago. The building is vacant, but still contains the sellers personal items. The roof was redone 8 years ago. 3 Bedroom(office), 2 car garage, 1 1/2 bath. Kitchen, living room and bonus room.
In Strongsville on Pearl Road, South of Giant Eagle Market District. Between Drake Road and Echo Drive.
Year Built: 1962
Lot Size: 0.55 acres
Map of 16893 Pearl Rd, Strongsville, 44136
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.
