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Premier 21+ Acre Development Opportunity

Market Price

V/L Blase Nemeth Rd, Painesville, OH 44077

Active
Last Updated: 02/20/2025

9.462 acres

Lot Area

 
Details:
Lot Area:    9.462 acres
Description:

This exceptional 21+ acre commercial development opportunity is positioned in the heart of Painesville Township, offering two prime parcels for retail or mixed-use development. These properties represent the final commercial pieces of the former Forest Pines Golf Course, now a thriving residential community with Phase 5 breaking ground this spring.

With 1,500+ new homes approved and under construction—and a retirement community in planning—this area is experiencing explosive growth, yet remains significantly underserved in retail, dining, medical, and professional services.

Investment Highlights
Zoned B-3 Commercial – Ideal for grocery, retail, restaurants, offices, and service-based businesses.

Surging Consumer Demand – A growing residential population creates an immediate need for commercial amenities.

High-Traffic Visibility – Prime frontage on Bacon Road & Blase Nemeth Road ensures strong exposure. High visibility from SR-2 with 17,816 VPD

Strategic Accessibility – Convenient access to major highways, Lake Erie, and Cleveland.

Pro-Business Environment – Painesville Township actively supports economic growth and development.

Flexible Purchase Options
Purchase together for maximum development potential. Also available to purchase separately.

Site A: 12.2848 acres with 1,420’ of Bacon Road frontage & 242’ of Blase Nemeth Road frontage.
Site B: 9.4620 acres with 1,160’ of Bacon Road frontage & 440’ of Blase Nemeth Road frontage.

Site A: 12.2848 acres with 1,420’ of Bacon Road frontage and 242’ of Blase Nemeth Road frontage.

Site B: 9.4620 acres with 1,160’ of Bacon Road frontage and 440’ of Blase Nemeth Road frontage.

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