RARE OPPORTUNITY IN RAPIDLY GROWING CUYAHOGA FALLS / AKRON CORRIDOR! A chance to acquire a strategically positioned assemblage of a multi-unit home or single family residence, along with additional parcels at the gateway to the growing Merriman Valley, offering exceptional development, investment, & income-producing potential. Benefiting from significant public infrastructure investment, incl recently installed public water & road expansion along Portage Trl, properties are primed for development opportunities. 16+ acres avail for expanded projects w/ addtn'l adjacent land avail. Zoned R-3 w/ RM Overlay property offers flexibility for variety of residential & mixed-use concepts. Comprehensive soil testing completed by GPD w/ favorable results & valuable due diligence. Existing home offers multiple opportunities for immediate use & income generation. The home functions as a spacious single-family residence OR could be utilized as 2-unit multi-family w/ separate entrances, bathrooms, bedroom, kitchen, etc. Ideal for owner-occupant, investors, rental property , or those seeking cash flow while planning future development. Spanning nearly 3 acres, pond is approx. approx 4 ft deep, w/ max of 5 ft. This water feature creates an attractive setting but may also provide strategic advantages for development through stormwater management & run-off detention capabilities. Its prominent location creates exceptional branding, marketing, & long-term appreciation potential. Located adjacent to the transformative Merriman Valley-Schumacher Area, properties benefit from millions of dollars in planned public & private investment throughout the surrounding area. Investors, developers, & owner-occupants can establish a presence before the area's full appreciation cycle unfolds. Maps, zoning info, soil rpts, disclosures avail in supplements. Please do not walk the property without prior approval. Occupied home.
63 days
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665
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11
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Zillow last checked:
Listing updated:
Listed by:
Jaime Prenatt330-571-2356agentprenatt@gmail.com,
EXP Realty, LLC.
Source: MLS Now,MLS#: 5218078Originating MLS: Akron Cleveland Association of REALTORS
Parking features: Attached, Garage, Garage Door Opener, Paved
Attached garage spaces: 2
Accessibility
Accessibility features: None
Features
Levels: Two
Stories: 1
Patio & porch: Front Porch
Has view: Yes
View description: Lake, Trees/Woods, Water
Has water view: Yes
Water view: Lake,Water
Waterfront features: Lake Front, Lake Privileges, Waterfront
Frontage type: Lakefront
Lot
Size: 16.39 Acres
Features: Additional Land Available, Back Yard, Corner Lot, Front Yard, Irregular Lot, Lake Front, Other, Private, Pond on Lot, See Remarks, Views, Wooded, Waterfront