Listed By
Agency Name: CENTURY 21 DePiero & Associates, Inc.
Agency Contact: 440-842-7010, topc21ohioagent@aol.com
Shown By
Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575
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Property Description
Prime Multifamily Development Opportunity in Berea! This cleared and build-ready vacant lot is newly zoned for multifamily use and offers an exceptional opportunity for investors or developers. The City has already approved plans for a 6-unit apartment building, with parking, landscaping, and all required variances completed, saving you valuable time, expense, and uncertainty in the development process. Located in the City of Berea, this property qualifies for a valuable 15-year tax abatement, providing significant long-term savings and enhancing your investment returns. The lot is shovel-ready, allowing you to move directly into construction. Positioned just minutes from the exciting new Cleveland Browns development planned nearby, this location offers strong future growth potential and increased demand for quality housing in the area. Whether you're expanding your rental portfolio or launching your next development project, this fully approved multifamily lot is a rare opportunity in a desirable Berea location. Bring your builder and start building today!
Property Features
Property Type: Land - Commercial
Lot Size: 0.49 Acres
Taxes: $900 / year
Feature Descriptions
Parcel#: 363-35-049
Parking: None
Sewer: Public Sewer
Utilities: Electricity Available, Natural Gas Available, Phone Available, Sewer Available, See Remarks, Water Available
Water: Public
Local Schools
School District: Berea City
Estimate Your Payment
Estimated Payment
$ 1,621.03 per month $1,458.82 Principal & Interest $75.00 Property Tax $87.21 Homeowner's InsuranceChange Payment Information
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Sprague Road | MLS# 5192975
This land located at Sprague Road , Berea, OH 44017 is currently listed for sale with an asking price of $299,000. The property has approximately 0.49 Acres. Sprague Road is located within the Berea City school district. Search Berea real estate on www.cutlerhomes.com today.