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43 & Sr 82Aurora, OH 44202

Prime Ohio location, high-growth potential.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 19.6-acre commercial land parcel, situated at the intersection of SR 43 and SR 82 in Aurora, Ohio (zip code 44202), presents a unique investment opportunity. Located in Portage County, this property boasts versatile zoning designations, including C-1, C-2, and R-3. The C-1 zoning permits a wide range of commercial uses, such as alcoholic beverage sales, various retail establishments (clothing, food, furniture, etc.), professional offices (medical and dental), and restaurants. C-2 zoning expands these options to include office supply stores, electronics stores, variety stores, and veterinary hospitals. R-3 zoning allows for single-family residential development on lots of at least 29,000 square feet. The property benefits from its strategic location directly across from Barrington Town Center, a thriving shopping center anchored by Heinen's grocery store and University Hospitals. Furthermore, this land is situated within a Community Reinvestment Area (CRA), offering significant financial incentives. The city of Aurora provides up to a 50% real estate tax abatement for a period of 15 years, making this an attractive proposition for developers and investors. Zoning changes in Aurora are determined through a ballot initiative process. This prime location and the potential for substantial tax savings create an exceptional opportunity for development in a rapidly growing area.

Highlights

  • 19.6-acre commercial land parcel in Aurora, OH (44202), at SR 43 and SR 82 intersection.
  • Versatile zoning: C-1, C-2, and R-3.
  • C-1 zoning allows various retail, restaurants, and professional offices.
  • C-2 zoning includes additional uses like office supply and electronics stores.
  • R-3 zoning permits single-family homes on minimum 29,000 sq ft lots.
  • Located across from Barrington Town Center (Heinen's & University Hospitals).

Property Details for 43 & Sr 82

Property type
Land
Lot Size (sq. ft)
853,776 SF

Location Insight

City
Aurora
County
Portage
State
Ohio
Latitude
41.3174071
Longitude
-81.3499897
43 & Sr 82, Aurora, Ohio

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43 & Sr 82
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