Property Description

PRIME DEVELOPMENT OPPURTUNITY!! Just shy of 7 acres near the HEART of Medina! Unlock the potential of this exceptional parcel strategically located near the vibrant center of Medina. This rare, expansive lot offers the perfect canvas for a flagship commercial headquarters, a modern industrial facility, or a versatile mixed-use development. The property provides a unique advantage of small- town community feel with a big-city accessibility! Incredibly convenient for staff and logistics, the site sits within 15minute radius of multiple school districts, making it an ideal anchor for businesses that value community integration and a local workforce! This provides swift access to major arteries including I-71, RT-18 and RT-42! The visibility with the substantial frontage gives potential to elevate you brands presence in one of the Northeast Ohio's fastest growing communities!! Medina is consistently recognized for its high quality of life and pro-business environment - this is more than just land; its a strategic investment in your business's future!

Progress Drive | MLS# 5188193

This land located at Progress Drive, Medina, OH 44256 is currently listed for sale with an asking price of $500,000. The property has approximately 6.78 Acres. Progress Drive is located within the Buckeye Local school district. Search Medina real estate on 7030hanbysloop.cutlerhomes.com today.

Property Features

Property Type: Land - Commercial

Days on Market: 56

Lot Size: 6.78 Acres

Taxes: $2,528 / year

Feature Descriptions

Community Features: None

Fencing: None

Lot: Cleared, Level

Other Equipment: None

Parcel#: 029-19A-16-028

Parking: None

Sewer: None

Topography: Cleared, Level

Utilities: Electricity Available, Sewer Available, Water Available, Sewer Not Available, Water Not Available

Water: None

Local Schools

School District: Buckeye Local

Demographics

Medina County Demographic Information for Progress Drive, Medina, OH 44256

Fips

Fips Code 39103

Population

2020 to 2025 Change up 1.4%

2010 Count 172,332

2020 Count 182,470

2025 Estimate (V2025) 185,025

2020 Estimate (V2025) 182,475

Age Distribution (Years Old)

0 to 4 4.9%

5 to 17 20.7%

18 to 64 53.1%

65 and Older 21.3%

Gender

Male 49.7%

Female 50.3%

Place of Birth

Foreign 3.3%

US 96.7%

Education

High School Graduate, Age 25+ 94.3%

Bachelor's Degree or Higher, Age 25+ 36.2%

Computer and Internet use

Households with a computer 96.2%

Households with a broadband Internet subscription 92.9%

Language

English is Second Language, Age 5+ 4.4%

English is First Language, Age 5+ 95.6%

Veterans

Veterans 9,966

Income

Per Capita Income $47,889

Median Household Income $94,968

People in Poverty 6.1%

Commute

Average Work Commute Time 27 minutes

Housing

Total Housing Units 76,088

Households 73,086

Average Household Size 2.49

Owner-Occupied 80.3%

Multi-Family 15.2%

Owner-Occupied Median Value $287,000

Median selected monthly owner costs -with a mortgage $1,726

Median selected monthly owner costs -without a mortgage $650

Median gross rent $1,143

Building Permits

New Private Housing Issued 2024 471

Years at Residence

1 Year or More 92.4%

Less Than 1 Year 7.6%

Business and Employment

Private non-farm Establishments 4,127

Private non-farm Employment 57,518

Private non-farm Employment Growth down 0.2%

Nonemployer Establishments 15,596

Number of Firms 3,454

Business Production

Value of Shipments $3,161,914,000

Wholesale Trade $2,460,698,000

Retail Trade $3,119,464,000

Retail Sales Per Capita $15,266

Accommodation and Food Services $276,209,000

Land

Land Area 421.36 sq. miles

Population Per Square Mile 409

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 2,897.94 per month $2,541.44 Principal & Interest $210.67 Property Tax $145.83 Homeowner's Insurance

Change Payment Information

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Progress DriveMedina, OH 44256