727 Graham RdCuyahoga Falls, OH 44221

Property Details for 727 Graham Rd

Year built

1991

Construction

FRAME

Lot size

0.56 AC

Property size (Sq ft)

5,088 SF

Property type

Healthcare properties

Property subtype

Medical offices

APN

56-01230

APU

5601230

Description

This 5,088 square foot, Class B commercial building in Cuyahoga Falls, Ohio, is available for $660,000. Located at 727 Graham Rd, 44221, this mixed-use property offers a flexible space previously used as a daycare, bank, and storefront. The building sits on a 0.56-acre lot and features a concrete parking lot with 20 spaces (20 spaces per 1,000 sq ft). The property boasts high visibility on Graham Rd and is in very good condition, ready for immediate occupancy. Some office furniture is included. Zoned for commercial, retail, and office use, this NNN-lease property presents a strong investment opportunity with an 8.00% cap rate and a price per square foot of $129.72. The APN is 56-01230. This vacant building is ideal for a variety of businesses seeking a well-maintained space with ample parking in a prime location. The property's versatility makes it suitable for various uses, capitalizing on its high visibility and convenient location. The building's excellent condition minimizes upfront renovation costs, allowing for a quicker return on investment. This is a rare opportunity to acquire a well-positioned commercial property in a thriving Ohio market.

• CAP approach

  CAP return

  Valuation

  6%

  $967,621

  6.5%

  $893,189

  7%

  $829,390

• Comparable approach

  Method

  Valuation

  Relative Method

  $475,932

  Geo Method

  $475,932

• Alternative Use

  Use

  Valuation

  Residential

  $1,107,554

  Hospitality

  $1,014,514

  Educational

  $844,063

  Medical

  $873,092

  Retail

  $1,312,988

Location Insight

City

Cuyahoga Falls

County

Summit

State

Ohio

Latitude

41.1627

Longitude

-81.4871

CBSA code

10420

CBSA name

AKRON, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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