1218 High StWadsworth, OH 44281

Property Details for 1218 High St

Year built

1984

Lot size

0.46 AC

Property size (Sq ft)

4,516 SF

Property type

Office buildings

APN

040-20A-02-001

APU

04020A02001

Description

This exceptional Wadsworth, Ohio office property offers up to 3,000 square feet of flexible space, ideal for various business types. Located at 1218 High St, 44281, this single-story building sits on a 0.46-acre lot and was built in 1984. The property features a total of 3,060 square feet, currently entirely vacant and available for lease as a single unit. The minimum leasable space is 2,486 square feet, with a maximum contiguous space of 3,060 square feet. The building includes two suites and offers eight parking spaces. Zoned for Office 1-2 stories (APN: 040-20A-02-001), this property boasts a convenient location with easy access to major roadways. Shared amenities include a conference room, restrooms, and a fully equipped kitchen. A private entrance and dedicated parking are also available. The property is well-maintained and offers a professional environment. Lease terms may allow for customized improvements to suit specific business needs. This is a rare opportunity to secure a versatile and well-located office space in Wadsworth.

• CAP approach

  CAP return

  Valuation

  6%

  $858,840

  6.5%

  $792,775

  7%

  $736,148

• Comparable approach

  Method

  Valuation

  Relative Method

  $422,427

  Geo Method

  $422,427

• Alternative Use

  Use

  Valuation

  Residential

  $983,041

  Hospitality

  $900,461

  Educational

  $749,173

  Medical

  $774,938

  Retail

  $1,165,380

Location Insight

City

Wadsworth

County

Medina

State

Ohio

Latitude

41.0549

Longitude

-81.731

CBSA code

17460

CBSA name

CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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