9 Main StMunroe Falls, OH 44262

  • Retail properties
  • 8,812 SF
For Lease

Property Details for 9 Main St

Year built
2022
Lot size
0.94 AC
Property size (Sq ft)
8,812 SF
Property type
Retail properties
Property subtype
Parking lots & garages
APN
58-02832
APU
5802832

Description

This exceptional Class A retail center, built in 2021, offers 9,000 square feet of space at 9 S. Main Street (SR-91) in Munroe Falls, Ohio (44262). Located in Summit County at the signalized intersection of SR-91 and Munroe Falls Ave, this property boasts a highly visible location with easy access from neighboring communities including Tallmadge, Stow, and Cuyahoga Falls. The single-story building features five suites, with 3,900 square feet currently vacant and available for lease. Units are divisible down to 1,323 square feet, with a maximum contiguous space of 3,900 square feet. The property sits on one acre of land and is suitable for a variety of uses, including quick-service restaurants (QSR), studios, retail office space, and general retail. This is a rare opportunity to secure space in a brand-new, high-visibility retail center in a thriving Ohio market. The property's prime location and modern construction make it an ideal investment for businesses seeking high foot traffic and excellent accessibility. Contact us today to learn more about leasing opportunities.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,463,486
    6.5%
    $2,273,987
    7%
    $2,111,560
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,077,172
    Geo Method
    $2,077,172
  • Alternative Use

    Use
    Valuation
    Residential
    $1,918,193
    Hospitality
    $1,757,055
    Educational
    $1,461,849
    Medical
    $1,512,124
    Retail
    $2,273,987
9 Main St, Munroe Falls, Ohio

Location Insight

City
Munroe Falls
County
Summit
State
Ohio
Latitude
41.139
Longitude
-81.4399
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
2022
$2,616
$103,580
$86,230
$189,810
-
$295,940
$246,370
$542,310

FAQs

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