2155 Hubbard RdPepper Pike, OH 44124

For Sale
$375,000

8.13 Acres, R-4 Zoning, $375,000

Overview

Added:
Dec 11, 2024
Days on market:
91
This exceptional 8.13-acre commercial land parcel, located at 2155 Hubbard Rd in Pepper Pike, Ohio (zip code 44124), presents a unique investment opportunity. The property, identified by APN 01-B-096-0-00-004-0, is zoned R-4: Multiple Dwellings District, offering significant development potential. According to the Use Regulations for R-4 zoned areas as of January 1st, 1996, permitted uses may include those allowed in R-1, R-2, and R-3 single-family districts. This opens the door to a variety of residential development options. Specifically, the zoning allows for a residential condominium development, any type of dwelling unit providing housing for two or more families, and accessory buildings or uses customarily incidental to these primary uses, such as storage garages. The property's prime location in Lake County, Ohio, offers easy access to major transportation routes and amenities. The asking price for this expansive land parcel is $375,000. This represents a compelling opportunity for developers seeking to capitalize on the demand for multi-family housing in a desirable location. Serious inquiries are encouraged to explore the full potential of this remarkable property.

Highlights

  • R-4 zoning allows uses permitted in R-1, R-2, and R-3 zones (as of 1/1/1996).
  • Residential condominium development allowed.
  • Multi-family dwelling units permitted.
  • Accessory buildings, such as storage garages, are permitted with multi-family dwellings.

Property Details for 2155 Hubbard Rd

Property type
Other land, Land
Lot Size (sq. ft)
354,143 SF

Location Insight

City
Pepper Pike
County
Lake
State
Ohio
Latitude
41.4932198
Longitude
-81.460856
2155 Hubbard Rd, Pepper Pike, Ohio

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2155 Hubbard Rd
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