Progress DriveMedina, OH 44256

Progress DriveMedina, OH 44256

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$500,000 Active
Land - Commercial MLS 5188193

Listed By

Agency Name: Russell Real Estate Services
Agency Contact: kahlanagy@yahoo.com, 330-603-2273

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

PRIME DEVELOPMENT OPPURTUNITY!! Just shy of 7 acres near the HEART of Medina! Unlock the potential of this exceptional parcel strategically located near the vibrant center of Medina. This rare, expansive lot offers the perfect canvas for a flagship commercial headquarters, a modern industrial facility, or a versatile mixed-use development. The property provides a unique advantage of small- town community feel with a big-city accessibility! Incredibly convenient for staff and logistics, the site sits within 15minute radius of multiple school districts, making it an ideal anchor for businesses that value community integration and a local workforce! This provides swift access to major arteries including I-71, RT-18 and RT-42! The visibility with the substantial frontage gives potential to elevate you brands presence in one of the Northeast Ohio's fastest growing communities!! Medina is consistently recognized for its high quality of life and pro-business environment - this is more than just land; its a strategic investment in your business's future!

Progress Drive | MLS# 5188193

This land located at Progress Drive, Medina, OH 44256 is currently listed for sale with an asking price of $500,000. The property has approximately 6.78 Acres. Progress Drive is located within the Medina City school district. Search Medina real estate on 15ontariotrail.cutlerhomes.com today.

Property Features

Property Type: Land - Commercial
Lot Size: 6.78 Acres
Taxes: $2,528 / year

Feature Descriptions

Community Features: None
Fencing: None
Lot: Cleared, Level
Other Equipment: None
Parcel#: 029-19A-16-028
Parking: None
Sewer: None
Topography: Cleared, Level
Utilities: Electricity Available, Sewer Available, Water Available, Sewer Not Available, Water Not Available
Water: None

Local Schools

School District: Medina City

Demographics

Medina County Demographic Information for Progress Drive, Medina, OH 44256
Fips
Fips Code 39103
Population
2020 to 2023 Change up 0.9%
2010 Count 172,332
2020 Count 182,470
2023 Estimate (V2023) 184,042
2020 Estimate (V2023) 182,475
Age Distribution (Years Old)
0 to 4 4.8%
5 to 17 21.1%
18 to 64 53.9%
65 and Older 20.2%
Gender
Male 49.8%
Female 50.2%
Place of Birth
Foreign 3.0%
US 97.0%
Education
High School Graduate, Age 25+ 95.0%
Bachelor's Degree or Higher, Age 25+ 35.9%
Computer and Internet use
Households with a computer 95.5%
Households with a broadband Internet subscription 90.2%
Language
English is Second Language, Age 5+ 4.2%
English is First Language, Age 5+ 95.8%
Veterans
Veterans 9,835
Income
Per Capita Income $45,038
Median Household Income $89,968
People in Poverty 6.8%
Commute
Average Work Commute Time 27 minutes
Housing
Total Housing Units 76,088
Households 72,097
Average Household Size 2.51
Owner-Occupied 79.8%
Multi-Family 15.2%
Owner-Occupied Median Value $249,700
Median selected monthly owner costs -with a mortgage $1,647
Median selected monthly owner costs -without a mortgage $613
Median gross rent $1,053
Building Permits
New Private Housing Issued 2023 669
Years at Residence
1 Year or More 91.4%
Less Than 1 Year 8.6%
Business and Employment
Private non-farm Establishments 4,033
Private non-farm Employment 53,928
Private non-farm Employment Growth down 0.2%
Nonemployer Establishments 14,969
Number of Firms 15,041
Business Production
Value of Shipments $3,161,914,000
Wholesale Trade $2,460,698,000
Retail Trade $3,119,464,000
Retail Sales Per Capita $15,266
Accommodation and Food Services $276,209,000
Land
Land Area 421.36 sq. miles
Population Per Square Mile 409

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 2,796.00 per month $2,439.50 Principal & Interest $210.67 Property Tax $145.83 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Croos Country Mortgage