2181 Wadsworth RdNorton, OH 44321

  • Office properties
  • 13,996 SF
For Lease
$12/SF/YR View listing

Property Details for 2181 Wadsworth Rd

Year built
1990
Construction
FRAME
Lot size
1.48 AC
Property size (Sq ft)
13,996 SF
Property type
Office properties
Property subtype
Office buildings
APN
46-07470
APU
4607470

Description

This exceptional 1,500 square foot office suite is situated at 2181 Wadsworth Road in Akron, Ohio, within a vibrant commercial plaza. The space is part of a larger 13,996 square foot building, offering a flexible layout suitable for a variety of businesses. The suite is immediately available and can be divided into smaller units, with a minimum divisible space of 250 square feet. The property boasts a convenient location, zoned B-3 (Highway Business District) within the City of Norton, and sits on a sizable 1.48-acre lot. Built in 1990, the building offers a well-established presence in the community. Current plaza tenants include diverse businesses such as Farmers Insurance, a dance studio, a bargain store, a sweepstakes establishment, and a healthcare services company, creating a bustling and diverse environment. A shared community dumpster is conveniently located at the rear of the building. Utilities include well water and high-speed internet access provided by Spectrum. This prime location offers excellent visibility and accessibility, making it an ideal opportunity for businesses seeking a thriving commercial environment in Akron. The space is perfect for a single tenant or can be subdivided to accommodate multiple smaller businesses. Inquire today to learn more about this exceptional opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,661,719
    6.5%
    $2,456,972
    7%
    $2,281,474
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,309,186
    Geo Method
    $1,309,186
  • Alternative Use

    Use
    Valuation
    Residential
    $3,046,645
    Hospitality
    $2,790,710
    Educational
    $2,321,838
    Medical
    $2,401,690
    Retail
    $3,611,748
2181 Wadsworth Rd, Norton, Ohio

Location Insight

City
Norton
County
Summit
State
Ohio
Latitude
41.056
Longitude
-81.607
CBSA code
10420
CBSA name
AKRON, 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
$12,110
$28,220
$173,590
$201,810
-
$80,640
$495,970
$576,610

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