201 Water Tower DrMadison, OH 44057

Property Details for 201 Water Tower Dr

Year built

2004

Lot size

2.91 AC

Property size (Sq ft)

9,100 SF

Property type

Office properties

Property subtype

Office buildings

APN

02-A-002-0-00-026-0

APU

02A0020000260

Description

Located at 201 Water Tower Dr in Madison, Ohio (zip code 44057, Lake County), this exceptional office space offers a diverse range of options to suit various business needs. The property provides traditional office suites, executive offices, coworking spaces, medical offices, and creative office environments, all within a single location. Businesses can choose from fully furnished and equipped private offices, scalable from single-person setups to large corporate spaces, tailored to specific requirements. These offices include a benefits program with exclusive discounts and procurement support. For a more collaborative approach, coworking options are available, offering both dedicated desks and hot-desking arrangements. Meeting rooms of various sizes are also available for rent, catering to informal chats or formal presentations, conferences, and training sessions. Furthermore, virtual office solutions are offered, providing prestigious business addresses, mail handling, and virtual assistant services, including access to office space for a limited number of days per month. Flexible working plans provide access to a global network of workspaces, allowing for seamless transitions between locations. The property's adaptable spaces cater to businesses of all sizes, with options ranging from small offices to large-scale corporate headquarters. Inquire today to explore the possibilities and find the perfect workspace to support your business growth.

• CAP approach

  CAP return

  Valuation

  6%

  $1,637,089

  6.5%

  $1,511,159

  7%

  $1,403,219

• Comparable approach

  Method

  Valuation

  Relative Method

  $851,214

  Geo Method

  $851,214

• Alternative Use

  Use

  Valuation

  Residential

  $1,873,838

  Hospitality

  $1,716,425

  Educational

  $1,428,046

  Medical

  $1,477,158

  Retail

  $2,221,404

Location Insight

City

Madison

County

Lake

State

Ohio

Latitude

41.7594

Longitude

-81.0507

CBSA code

17460

CBSA name

CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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Please email our support team at [email protected] and they will add the team member.

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