1920 Georgetown RdHudson, OH 44236

Property Details for 1920 Georgetown Rd

Year built

1989

Lot size

5.02 AC

Property size (Sq ft)

10,000 SF

Property type

Office properties

Property subtype

Office buildings

APN

30-05948

APU

3005948

Description

This exceptional 10,000-square-foot medical office building, located at 1920 Georgetown Road in Hudson, Ohio, presents a compelling investment opportunity. The property, built in 1989, is a two-story Class B building situated on a generous 4.91-acre lot, zoned for Industrial/Business Park use. Offering ample space for expansion, the building features 70 surface parking spaces, ensuring convenient access for patients and staff. The interior boasts modern amenities including Cat-5 data wiring and fiber optic capabilities, supporting efficient operations. The building's infrastructure includes a 200-amp main electrical system, a central fire alarm, and a professionally monitored security system. The space is currently configured as a multi-tenant building, with 10,000 square feet available, divisible into 2,500-square-foot units, offering flexibility for various medical practices. Its prime location provides easy access to I-80 Ohio Turnpike and Darrow Road, enhancing visibility and accessibility. This well-maintained property offers a rare combination of size, location, and amenities, making it an ideal investment for healthcare providers or investors seeking a strong return. The property is currently for sale.

• CAP approach

  CAP return

  Valuation

  6%

  $1,901,771

  6.5%

  $1,755,481

  7%

  $1,630,090

• Comparable approach

  Method

  Valuation

  Relative Method

  $935,400

  Geo Method

  $935,400

• Alternative Use

  Use

  Valuation

  Residential

  $2,176,797

  Hospitality

  $1,993,934

  Educational

  $1,658,930

  Medical

  $1,715,983

  Retail

  $2,580,557

Location Insight

City

Hudson

County

Summit

State

Ohio

Latitude

41.2072

Longitude

-81.4245

CBSA code

10420

CBSA name

AKRON, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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