Premier 21+ Acre Development Opportunity

V/L Blase Nemeth Rd Painesville, OH 44077

V/L Blase Nemeth Rd, Painesville, OH, 44077
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FOR SALE
Property Type:
Other Land
Amount:
Please Call Broker for Price

Last Verified:
Feb 18, 2026

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Description

This exceptional 21+ acre commercial development opportunity is positioned in the heart of Painesville Township, offering two prime parcels for retail or mixed-use development. These properties represent the final commercial pieces of the former Forest Pines Golf Course, now a thriving residential community with Phase 5 breaking ground this spring.

With 1,500+ new homes approved and under construction—and a retirement community in planning—this area is experiencing explosive growth, yet remains significantly underserved in retail, dining, medical, and professional services.

Investment Highlights
Zoned B-3 Commercial – Ideal for grocery, retail, restaurants, offices, and service-based businesses.

Surging Consumer Demand – A growing residential population creates an immediate need for commercial amenities.

High-Traffic Visibility – Prime frontage on Bacon Road & Blase Nemeth Road ensures strong exposure. High visibility from SR-2 with 17,816 VPD

Strategic Accessibility – Convenient access to major highways, Lake Erie, and Cleveland.

Pro-Business Environment – Painesville Township actively supports economic growth and development.

Flexible Purchase Options
Purchase together for maximum development potential. Also available to purchase separately.

Site A: 12.2848 acres with 1,420’ of Bacon Road frontage & 242’ of Blase Nemeth Road frontage.
Site B: 9.4620 acres with 1,160’ of Bacon Road frontage & 440’ of Blase Nemeth Road frontage.

Site A: 12.2848 acres with 1,420’ of Bacon Road frontage and 242’ of Blase Nemeth Road frontage.

Site B: 9.4620 acres with 1,160’ of Bacon Road frontage and 440’ of Blase Nemeth Road frontage.

Lot Size: 9.46 acres

Map of V/L Blase Nemeth Rd, Painesville, OH, 44077

Presented by:
eXp Commercial | Michigan

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Jason Sousa


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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.