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Premier 21+ Acre Development Opportunity 2 Land Properties in Painesville, OH
INVESTMENT HIGHLIGHTS
- Excellent commercial location scores.
- Excellent accessibility via major roadways and close to Lake Erie and Cleveland.
- Strategically located in a pro-growth, business-friendly community.
- High demand for amenities: Painesville Township is underserved, creating an ideal environment for new retail and services.
EXECUTIVE SUMMARY
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.
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.
PROPERTY FACTS
| Sale Type | Investment | Individually For Sale | 0 |
| Status | Active | Total Land Area | 21.74 AC |
| Number of Properties | 2 |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Land Area | 21.74 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | INDIVIDUAL PRICE |
|---|---|---|---|
| Blase Nemeth & Bacon Rd, Painesville, OH 44077 | Land | 12.28 AC | - |
| Bacon Rd, Painesville, OH 44077 | Land | 9.46 AC | - |
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Premier 21+ Acre Development Opportunity
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