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Rare Development Opportunity on 13.58+ Acres 5763 Wooster Pike, Medina, OH 44256
Availability:
for sale
Property Type:
Vacant Land
Land Size:
1358 Ac
Price:
$1,495,000
Price per Acre/SF:
$1,101 /
$0.03
Zoning:
Community Business District
Sheila Miu
sheila@gerspachergroup.com
(330) 722-5002
Troy Gerspacher, CCIM, SIOR
troy@gerspachergroup.com
(330) 722-5002
Property Description
This 13.58± acre property, zoned for both Community Business District (CBD) and R-3 High-Density Urban Residential, offers a rare opportunity for a combination of commercial and residential uses in a rapidly growing area. The site features gently sloping, vacant land ready for development. Utilities: gas, water, sewer, and electric accessible. The daily traffic count is ±11,983 vehicles, enhancing the property's visibility.
The total land consists of three parcels that would need to be combined (approximate and subject to survey and county approval). Also subject to Seller retaining water retention rights. Ingress and Egress has to be on own parcel, not Seller’s parcel (property to the south).
With over 600 new rooftops planned or under construction in the surrounding area, this site is positioned at the heart of regional growth. A developer with vision and creativity can transform this site into a signature project that complements the vibrant expansion of the surrounding community.
Area Description
This ideally situated property lies along Wooster Pike, between Sturbridge Drive and Lexington Ridge Road in Medina City and Montville Township. It offers high visibility and easy access near popular destinations including ACME, Taco Bell, Dunkin', and Trillium Creek Dermatology. Located just 1 mile from historic downtown Medina, 5 miles from I-71, and 5.4 miles from I-76, the site is perfectly positioned for convenience and connectivity.
Highlights
- Available: 3 potential parcels totaling ±13.58 AC
- Frontage: ±630.6'
- Depth: ±1,510'
- Parcels are in Medina City and Montville Township
- Subject to approvals: potential retail or mixed-use development with appropriate variances, lot splits, surveys, county approvals
- Zoning: R-3 High Density Urban Residential, C-B Community Business District
- In the shadows of ACME, Dunkin’, McDonalds, Taco Bell and other developing retail
- Highway Access: 5 miles to I-71, 5 miles to I-76
Full Address: 5763 Wooster Pike, Medina, OH 44256
Listing Type: FOR SALE
Status: Active
Zoning: Community Business District
Region: M-EN
Property ID: 4075922
Parcel Num: 030-11A-01-030, 0028-19D-12-004
Number Units: 1
Features