55 Barrington Town Square DrAurora, OH 44202

Property Details for 55 Barrington Town Square Dr

Year built

1998

Lot size

2.04 AC

Property size (Sq ft)

20,832 SF

Property type

Community centers

APN

03-017-00-00-051

APU

30170000051

Description

This exceptional 2,492 sq. ft. retail space is situated within the vibrant Barrington Town Square in Aurora, Ohio, a thriving southeastern Cleveland suburb. The property, built in 1996, is a single-story, Class B building on an expansive 11.855-acre lot (APN: 03-017-00-00-049-003, Portage County). Currently, one suite is available for lease within this multi-tenant retail center. The location benefits from a strong shadow anchor, Heinen's, and enjoys proximity to a diverse mix of national and local retailers, including Cinemark, Dollar Tree, and Pizza Hut. The area boasts a high concentration of major retailers such as Walmart, Target, Home Depot, Aldi, Kohl's, Marc's, Dick's, Marshalls, Big Lots, PetSmart, and Starbucks, ensuring high visibility and foot traffic. Aurora's affluent community and the high ranking of Aurora High School (Top 30 in the state) contribute to a desirable and stable market. This property presents a compelling opportunity for businesses seeking a prime retail location in a prosperous and well-established area. The property consists of one building with multiple suites, and the total number of suites is not specified.

• CAP approach

  CAP return

  Valuation

  6%

  $5,823,802

  6.5%

  $5,375,817

  7%

  $4,991,830

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,910,536

  Geo Method

  $4,910,536

• Alternative Use

  Use

  Valuation

  Residential

  $4,534,703

  Hospitality

  $4,153,764

  Educational

  $3,455,882

  Medical

  $3,574,736

  Retail

  $5,375,817

Location Insight

City

Aurora

County

Portage

State

Ohio

Latitude

41.3189

Longitude

-81.3471

CBSA code

10420

CBSA name

AKRON, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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