4180 Highlander PkwyRichfield, OH 44286

Property Details for 4180 Highlander Pkwy

Year built

2005

Lot size

6.46 AC

Property size (Sq ft)

59,920 SF

Property type

Office properties

Property subtype

Office buildings

APN

50-02843

APU

5002843

Description

This exceptional opportunity presents 19,527 square feet of vacant office space within the Stonegate Business Center I, a Class B building constructed in 2005. Located at 4180 Highlander Pkwy, Richfield, OH 44286, this property boasts a highly desirable location at the intersection of I-77, I-271, and near I-80, ensuring excellent accessibility. The building itself is a two-story structure encompassing a total of 60,000 square feet, divided into two suites. This particular suite offers an open floor plan, perfect for customization, and features multiple conference/training rooms, high 10-foot ceilings, and abundant natural light from expansive windows. The property benefits from local ownership and attentive property management. The minimum divisible space is 19,527 square feet, and the maximum contiguous space available is also 19,527 square feet. This presents a unique chance to secure a substantial, well-appointed office space in a thriving Summit County submarket, specifically the Highlander Parkway cluster within Richfield. The property is situated in a convenient location with easy access to major highways, making it an ideal location for businesses seeking high visibility and convenient commutes for employees.

• CAP approach

  CAP return

  Valuation

  6%

  $11,395,414

  6.5%

  $10,518,843

  7%

  $9,767,497

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,604,917

  Geo Method

  $5,604,917

• Alternative Use

  Use

  Valuation

  Residential

  $13,043,366

  Hospitality

  $11,947,653

  Educational

  $9,940,307

  Medical

  $10,282,169

  Retail

  $15,462,700

Location Insight

City

Richfield

County

Summit

State

Ohio

Latitude

41.2166

Longitude

-81.6449

CBSA code

10420

CBSA name

AKRON, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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