$279,900
Est. payment /mo
0.49 Acres Lot
Price Dropped by $19K
Sprague RD Berea, OH 44017
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Modock Sec #25
MLS Listing ID 5192975
HOA Y/N No
Annual Tax Amount $900
Tax Year 2025
Lot Size 0.493 Acres
Acres 0.493
Property Sub-Type Commercial
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!
Location
State OH
County Cuyahoga
Interior
Fireplace No
Exterior
Parking Features None
Utilities Available Electricity Available, Natural Gas Available, Phone Available, Sewer Available, See Remarks, Water Available
Water Access Desc Public
Building
Sewer Public Sewer
Water Public
Schools
School District Berea Csd - 1804
Others
Tax ID 363-35-049
Special Listing Condition Standard
Listed by Ryan A Corrao • CENTURY 21 DePiero & Associates, Inc. • 440-842-7010, topc21ohioagent@aol.com
NEARBY SCHOOL & BUSINESS
GET MORE INFORMATION