Sprague Road , Berea, OH 44017

$299,000
  • Sprague Road , Berea, OH 44017 Main Photo

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New to the Market Active
LOT SIZE 0.493 acres MLS#5192975
STATUSActive PROPERTY TYPELand - Commercial SUBDIVISIONModock Sec #25 SCHOOLBerea City

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!

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.darrellrealestate.com 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

Listed By / Shown By

Listed By

Agency Name: CENTURY 21 DePiero & Associates, Inc.
Agency Contact: 440-842-7010, topc21ohioagent@aol.com

Shown By

Agent Name: Darrell Blausey
Agent Phone: (419) 351-1525
Agency Title: Key Realty

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Estimated Payment

$ 1,834.73 per month $1,672.52 Principal & Interest $75.00 Property Tax $87.21 Homeowner's Insurance

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