SITE A – 12.28 Acres of Prime Development Land

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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Highlights

  • Flexible Purchase Options
  • Purchase separately, or together for maximum development potential.
  • 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.

Description

Spanning 12.28 acres, Site A is a highly visible development opportunity in the rapidly growing Painesville Township, Lake County, Ohio.
With 1,420 feet of frontage on Bacon Road and 242 feet on Blase Nemeth Road, this parcel is ideally positioned for retail, dining, medical, office, or service-oriented businesses.

Painesville Township is experiencing a major residential expansion, with 1,500+ new homes approved and a retirement community in planning—driving high demand for commercial 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.

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

Lot Size: 9.46 acres

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

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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.