2077 Midway DrTwinsburg, OH 44087

Property Details for 2077 Midway Dr

Year built

1979

Lot size

1.31 AC

Property size (Sq ft)

6,536 SF

Property type

Other commercial real estate

Property subtype

Showrooms

APN

64-03004

APU

6403004

Description

This exceptional 6,906-square-foot flex building, situated on a 1.31-acre lot in Solon, Ohio's thriving Cleveland-Akron submarket, presents a unique opportunity for businesses seeking versatile space. The property, classified as Class B, boasts a single-story design constructed in 1979 and extensively renovated in 2016. The building features a generous 3,612 square feet of office space and a substantial 2,924 square feet of warehouse area, ideal for a variety of uses. A significant advantage is the 16-foot clear ceiling height, providing ample room for storage and operations. Access is enhanced by two convenient drive-in doors, streamlining loading and unloading processes. Ample parking is available with 30 spaces provided on-site. The property's location within the Solon, Twinsburg submarket cluster of Summit County offers excellent access to major transportation routes and a strong workforce. The 1.31-acre lot presents potential for future expansion, making this a highly adaptable and future-proof investment. This renovated flex space is ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $1,827,207

  6.5%

  $1,686,652

  7%

  $1,566,177

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,540,671

  Geo Method

  $1,540,671

• Alternative Use

  Use

  Valuation

  Residential

  $1,422,754

  Hospitality

  $1,303,235

  Educational

  $1,084,276

  Medical

  $1,121,566

  Retail

  $1,686,652

Location Insight

City

Twinsburg

County

Summit

State

Ohio

Latitude

41.3163

Longitude

-81.4637

CBSA code

10420

CBSA name

AKRON, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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