1920 Medina RdMedina, OH 44256
- Retail properties
- 4,778 SF
Property Details for 1920 Medina Rd
- Year built
- 1940
- Construction
- WOOD
- Lot size
- 1.06 AC
- Property size (Sq ft)
- 4,778 SF
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 033-12A-03-015
- APU
- 03312A03015
Description
This exceptional 567-square-foot flex space, located in Medina County, presents a fantastic opportunity for businesses seeking a versatile industrial property. Currently, one unit is available for lease within this well-situated garage. The property is classified as industrial and features a convenient flex space configuration, ideal for a variety of uses. The unit includes one overhead door and one man door, providing easy access for loading and unloading goods. The building's prime location ensures high traffic visibility, a significant advantage for businesses seeking maximum exposure. This makes it an excellent choice for companies needing convenient access and high visibility for their operations. The property's single-space availability makes it perfect for smaller businesses or those requiring a compact yet functional workspace. The "flex" designation highlights the adaptability of the space, allowing for customization to suit specific business needs. The property is situated in Medina County, offering access to a robust local economy and a well-established infrastructure. This is a rare opportunity to secure a well-located, functional industrial space in a desirable area. Interested parties are encouraged to inquire promptly to secure this exceptional property.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,335,740
- 6.5%
- $1,232,990
- 7%
- $1,144,920
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,126,274
- Geo Method
- $1,126,274
-
Alternative Use
- Use
- Valuation
- Residential
- $1,040,073
- Hospitality
- $952,702
- Educational
- $792,637
- Medical
- $819,897
- Retail
- $1,232,990
Location Insight
- City
- Medina
- County
- Medina
- State
- Ohio
- Latitude
- 41.1358
- Longitude
- -81.7564
- CBSA code
- 17460
- CBSA name
- CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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