Land for Sale at Sprague Road in Berea, OH for $299,000

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Sprague Road | Berea

$299,000 | 0.0 Sq. Ft.

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\u0027re 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! MLSNow 5192975

Directions to property: at Sprague and Priem

MLS Listing ID: 
MLSNow 5192975
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Status (Local): 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$299,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Lots And Land
Property Sub Type: 
Commercial
Primary Market Area: 
Berea
Address: 
Sprague Road, Berea, OH 44017
County: 
Cuyahoga
Latitude: 
41.3506600
Longitude: 
-81.8614650
Directions: 
at Sprague and Priem
Public Remarks: 
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\u0027re 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!
Community Information
School District: 
Berea CSD - 1804
Subdivision: 
Modock Sec #25
Building Details
Details about the building on a property.
Living Area: 
0.0
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.49
Lot Size (Area): 
0.49
Lot Features
Parking Type: 
None
Public Record
Parcel Number: 
363-35-049
Annual Tax: 
$900.00
Contract Details
Details about the listing contract.
Possession: 
Delivery Of Deed,Negotiab
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Agent Name: 
Ryan A Corrao
Listing Co-Agent Name: 
Mark E Vittardi
Listing Office Name: 
CENTURY 21 DePiero and Associates, Inc.
Listing Co-Office Name: 
CENTURY 21 DePiero \u0026 Associates, Inc.

Listed by Ryan Corrao and Mark Vittardi

Ryan Corrao's picture

Ryan Corrao

  • : Mobile: (440) 669 1295
Mark Vittardi's picture

Mark Vittardi

  • : Mobile: (440) 666 3405

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