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4030 Carrick Dr - 4030 Carrick Drive (5.47 ac)

5.47 Acres of Commercial Land Offered at £793,091 in Medina, OH 44256

Investment Highlights

  • State Rte 18 (Medina Road) recently widened, and the Foote Rd. signalized intersection upgraded.
  • 4 acres of buildable land, plus additional green spaces to satisfy township zoning's open space requirements.
  • High traffic volumes on State Rte 18, and tremendous exposure from adjacent University Hospitals medical building.
  • Site enjoys two means of access from State Rte 18 (via Waterford Drive and via Foote Road signalized intersection).
  • All utilities available on site.

Executive Summary

Available either for sale, or on a build-to-suit basis.

Property Facts

Price £793,091
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Bank
  • Healthcare
  • Hold For Development
  • Medical
  • Storefront, Retail or Office
Total Lot Size 5.47 AC

1 Lot Available

Lot Sublot-2

Price £793,091
Price Per AC £144,989
Lot Size 5.47 AC

Commercially zoned lot allowing for retail, office, medical / dental, financial services & personal service uses. Adjacent to University Hospital's Medina Health Center. Located in Medina Township, which has zero city income taxes!

Description

This 5.47 acres is the last remaining available lot in the Waterford Business Park subdivision which is anchored by University Hospital's Medina Health Center. A Primrose Schools childcare facility is presently under construction on Sublot-3, with an expected completion date of Sept-2024. Adjacent to the subdivision is the Waterford Village Apartments (a successful and well-maintained 194-unit multi-family community). The site has two point of access to State Rte. 18 (aka Medina Road). The first is via Foote Road which is a fully signalized intersection. The second is via Waterford Drive to the east. State Rte. 18 was recently widened by ODOT, which greatly improves traffic throughput as well as accessibility to our site. Commercially zoned to allow for a variety of uses including office, medical / dental, retail, financial services, personal service establishments, etc. Because the property is located in a township (outside of City of Medina limits), there is no city income tax. Medina is one of the region's fastest growing areas, both in terms of new retail and commercial growth, as well as high-end residential development.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 028-19B-21-304
  • 030-11B-06-106
  • 026-06D-31-108
  • 026-06D-31-109
Land Assessment
£482,717
Improvements Assessment
£164,002
Total Assessment
£646,718

zoning

Zoning Code B-L (Commercially zoned to allow for a variety of uses including retail, office, medical / dental, financial services, personal service establishments, etc)
B-L (Commercially zoned to allow for a variety of uses including retail, office, medical / dental, financial services, personal service establishments, etc)
  • Listing ID: 30181581

  • Date on Market: 28/11/2023

  • Last Updated:

  • Address: 4030 Carrick Dr, Medina, OH 44256

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