29 Aurora RdAurora, OH 44202

Property Details for 29 Aurora Rd

Year built

1978

Lot size

0.10 AC

Property size (Sq ft)

6,120 SF

Property type

Retail properties

Property subtype

Community centers

APN

03-018-10-00-047

APU

30181000047

Description

This exceptional 2,569 square foot retail space presents a fantastic opportunity for businesses seeking high visibility and strong foot traffic. Situated at the prominent intersection of Aurora Road (Rt. 43) and Garfield Road (Rt. 82) in Aurora, Ohio, this property benefits from its strategic location within a thriving community. The space is part of a multi-tenant building and offers excellent visibility due to its endcap location. Sharing an intersection with established national brands like Walgreens and Starbucks ensures consistent high traffic flow. The property's proximity to Barrington Towne Center, anchored by Heinen's Grocery Store and Atlas Cinemas, further enhances its appeal and provides access to a large customer base. This location offers easy access for customers and employees alike, with its convenient placement near the highly popular Aurora Farms Premium Outlets, just one mile away. The property's location in Portage County provides access to a strong local market. This retail space is ideal for a variety of businesses seeking a high-traffic, well-established location in a desirable area. The space is currently available for lease. Interested parties should inquire for further details and lease terms.

• CAP approach

  CAP return

  Valuation

  6%

  $1,710,910

  6.5%

  $1,579,301

  7%

  $1,466,494

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,442,611

  Geo Method

  $1,442,611

• Alternative Use

  Use

  Valuation

  Residential

  $1,332,200

  Hospitality

  $1,220,288

  Educational

  $1,015,265

  Medical

  $1,050,182

  Retail

  $1,579,301

Location Insight

City

Aurora

County

Portage

State

Ohio

Latitude

41.3167

Longitude

-81.349

CBSA code

10420

CBSA name

AKRON, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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