201 Water Tower DrMadison, OH 44057

  • Office properties
  • 9,100 SF
For Lease
$8.04/SF/YR View listing

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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • 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
201 Water Tower Dr, Madison, Ohio

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$16,810
$64,160
$145,470
$209,630
-
$183,320
$415,620
$598,940

FAQs

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