Chester Road

$2,100,000 (Sale)

Chester Road, Avon, Ohio 44011

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Property Details

Property Type: Commercial, Land
Lot Size: 7.20 Acres
Zoning: R-3 MULTI-FAMILY RESIDENTIAL (Potentially, a commercial zone in the near future; see note in overview, above)

Overview

Claim a high impact development site on I-90 in Avon, Ohio with immediate access to the Colorado Ave and Avon-Belden Rd exits.

Maximum density of 10 Dwelling units/acre for general housing, and up to 12 Dwelling units/acre for Senior Housing. This 7.20 acre site situated between State Route 83 and Colorado Ave exits in rapidly growing Avon, OH. Perfect location for development with Avon Commons (Costco, Heinen’s, Target, Kohl’s) Walmart, Meijer, Menards, Starbucks and more just over 1 mile away.

NOTE: The city of Avon is currently working with an outside consulting group to confirm that a commercial zoning overlay, similar to the neighboring parcels along Chester Road and I-90 is viable.

Highlights

Available by right for assisted/independent & multi-family facility
Over 500 ft of frontage on I-90 (+74,000 VPD)
Surrounded by: UH St. John Medical Center, Cleveland Clinin Avon, & UH Avon Health Center all in immediate proximity
Growing population of over 56,830 living within 5 miles, with a median income in the city over $126,000 and annual consumer spending exceeding $1.18 billion.