115 Acres of Industrial Land with Utilities at the Street

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115 Acres of Industrial Land with Utilities at the Street

Medina, OH 44256
Asking Price
$4.46M
Asset Type
Land
Class
Class B

What's Special

Strategically positioned in Medina, Ohio, this 115-acre industrial site offers significant scale within a robust manufacturing and logistics corridor. The property features extensive frontage with essential utilities available at the street, streamlining development logistics. Located minutes from the Interstate 71 and State Route 18 interchange, the site provides efficient regional connectivity to Cleveland, Akron, and Columbus. The surrounding neighborhood is characterized by established industrial parks, professional distribution centers, and a variety of supportive commercial amenities including fuel stations, dining, and retail centers. The property is ideally suited for large-scale industrial development, including regional distribution hubs, advanced manufacturing facilities, or sprawling data center campuses. Given the expansive acreage and proximity to major freight routes, the site will likely appeal to institutional developers or owner-occupants requiring significant square footage and outdoor storage capacity. Typical tenants for this location include logistics providers, heavy equipment manufacturers, and e-commerce fulfillment operators seeking a central Midwest base with a reliable local labor pool and ready infrastructure.

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NOI
$80,000
Cap Rate
1.79%
DSCR
0.30
Underwater
Cash-on-Cash
-13.81%
Monthly Payment
$22,076.284
Annual Cash Flow
$-184,915.403

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