3.9 Acres For Multifamily Development

3.9 Acres at Pearl Rd. Rear Brunswick, OH 44212

3.9 Acres at Pearl Rd. Rear, Brunswick, OH, 44212
3.9 Acres at Pearl Rd. Rear, Brunswick, OH, 44212
FOR SALE
Property Type:
Multifamily Land
Amount:
Please Call Broker for Price

Last Verified:
Oct 08, 2024

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Highlights

  • High traffic count along Pearl Rd.
  • Utilities are all close by making infrastructure costs minimal.
  • 7-Minute Drive to I-71.
  • Property Resides within Brunswick Community Reinvestment Area.
  • High-Speed Medina County Fiber Network Accessible.

Description

The Subject Property is situated in an environment that is highly conducive to multifamily development with nearby apartments, heavy commercial development, and Brunswick Schools. According to the City of Brunswick, the Subject Property is zoned R-M Medium Density Residential. The Subject Property is not serviced with city water and sewer. However, water and sewer are available to the West beneath Jefferson Ave, North beneath Southwick Boulevard, and East behind Carlson’s Funeral Home.

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Lot Size: 3.9 acres


Documents

Brunswick-3.9 Acres at Pearl Rd, Brochure

Map of 3.9 Acres at Pearl Rd. Rear, Brunswick, OH, 44212

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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.