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N Ridge Rd

Painesville OH 44077

21.88 ac.
Land
Currently for sale - view listing

Overview

Painesville Twp is in 'Growth Mode!' 22 acres of prime commercial land on North Ridge at the intersection of SR2. Easy access and annual average daily traffic numbers have been increasing year-over-year for the last 5 years running. 1,048 linear feet of visibility immediately as you exit the highway! B2 zoning in Painesville Township, including permitted uses such as grocery stores, drug stores, restaurants, and more. Conditional uses include hotels, gas stations with c-stores, and recreational facilities. There is an abundance of municipal, state, and/or federal incentives to develop the property + gain real estate tax abatements (please see Lake County and/or the State of OH websites for program types and application requirements). Painesville Township retail has been drastically underserved throughout this corridor. Isn't it time to tap into the potential?

Features

21.88 ac. lot size
Land

Property history for N Ridge Rd

2018
Sold
$22,000
12 Jan 2018 by Michael Kaim, of BHHS PROFESSIONAL REALTY

Happy sellers in Painesville

90%
90% of sellers in Painesville reported that their sale price either exceeded or met their price expectations.

Painesville stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 15 reviews in Painesville over the last 12 months.

Local market activity for land plots in Painesville

In the last 12 months, 16 land plots similar to N Ridge Rd, have been sold.

This represents a 25% increase in land plots sales when compared to the previous 12 months.

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