4183 Wyoga Lake RdCuyahoga Falls, OH 44224

  • Other commercial real estate
  • 10,075 SF
For Sale
$795,000 View listing

Property Details for 4183 Wyoga Lake Rd

Year built
2006
Construction
FRAME
Lot size
0.91 AC
Property size (Sq ft)
10,075 SF
Property type
Other commercial real estate
APN
35-00296
APU
3500296

Description

This exceptional investment opportunity presents a well-maintained, single-story shopping center totaling 10,075 square feet situated on a 0.934-acre lot in Cuyahoga Falls, Ohio. The property, built in 2008, boasts a Class B designation and is currently 100% occupied under a modified lease structure with a multi-tenant configuration. The remaining lease term is three years, providing immediate cash flow. The asking price is $795,000, representing an attractive 8.00% capitalization rate. Located at 4183 Wyoga Lake Rd, zip code 44224, this convenient location offers excellent visibility and accessibility near Route 8, serving the thriving communities of Cuyahoga Falls and Stow. The property is zoned MU-3, allowing for a variety of uses. The single building is comprised of one story and features a total of 10,075 square feet. The property's APN is 3500296. This multi-tenant retail center presents a solid investment opportunity with strong potential for future growth and return. The property's high occupancy rate and strategic location make it an ideal addition to any investment portfolio. Serious inquiries are encouraged.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,193,123
    Hospitality
    $2,008,889
    Educational
    $1,671,372
    Medical
    $1,728,853
    Retail
    $2,599,912
4183 Wyoga Lake Rd, Cuyahoga Falls, Ohio

Location Insight

City
Cuyahoga Falls
County
Summit
State
Ohio
Latitude
41.1824
Longitude
-81.4939
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
$24,050
$32,510
$317,770
$350,280
-
$92,870
$907,910
$1,000,780

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