Auction Information
Online Bidding Site3.56 Acres in Wadsworth, OH
Two land parcels located in immediate proximity to Interstate 76 and 51,200 vehicles per day.
Zoned C-3 | Allows for great flexibility for future development.
Great visibility and access from Interstate 76, Ohio State Route 261, and Williams Reserve Boulevard.
Strong demographics - 61,625 people with a median household income exceeding $78,350 within 5 miles.
Located in a prominent retail location - Wadsworth Crossing is home to Target, Lowe's, Kohl's, Michaels, Five Below, Ulta, Petco, and Planet Fitness.
Absolute auction | Starting bid $1.
Colliers is pleased to present for the Wadsworth Land Parcels (the Property, the Asset, or the Portfolio) located at 1144 and 1112 Williams Reserve Boulevard in Wadsworth, Ohio. The Property includes two land parcels: the first, 2.01 acres, and the second, 1.57 acres. The land is zoned C-3 - Intensive Commercial District, which allows for excel...
Colliers is pleased to present for the Wadsworth Land Parcels (the Property, the Asset, or the Portfolio) located at 1144 and 1112 Williams Reserve Boulevard in Wadsworth, Ohio. The Property includes two land parcels: the first, 2.01 acres, and the second, 1.57 acres. The land is zoned C-3 - Intensive Commercial District, which allows for excellent flexibility for a future owner.
Additionally, the Asset features an excellent location off Interstate 76 and Ohio State Route 261 with superb visibility. Interstate 76 experiences over 51,200 vehicles per day at the exit near the Asset. The Asset is also located in a prominent retail pocket for the area. Target, Lowe's, Kohl's, Michaels, Five Below, Ulta, Petco, and Planet Fitness are all in immediate proximity to the two land parcels.
The area also benefits from strong demographics with 61,625 people with a median household income of over $78,350 within a 5-mile radius of the Asset. The city of Wadsworth is home to nearly 24,350 people and 811 businesses employing 10,560 individuals with an unemployment rate of just 2.4%. The median household income exceeds $78,650 further demonstrating the market's strength.
Overall, the two land parcels provide a future owner with an excellent opportunity for future development with favorable and flexible C-3 zoning.
Jared Shapiro SAL.2017005334
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