4150 Highlander PkwyRichfield, OH 44286

  • Office properties
  • 23,528 SF
For Lease

Property Details for 4150 Highlander Pkwy

Year built
2002
Lot size
10.04 AC
Property size (Sq ft)
23,528 SF
Property type
Office properties
Property subtype
Office buildings
APN
50-02648
APU
5002648

Description

This exceptional industrial property, located at 4150 Highlander Pkwy in Richfield, Ohio, presents a unique investment opportunity. The 10.072-acre lot houses three single-story buildings totaling 9,055 square feet of flexible space, ideal for a variety of industrial and warehouse uses. Built in 2004, this Class B property features a multi-tenant configuration, offering one currently available space. The zoning is PCD, and the Summit County APN is 5002648. The buildings boast a versatile design, combining office and warehouse areas. The warehouse space offers impressive 14-foot ceiling heights, providing ample room for storage and operations, while the office areas feature 9-foot ceilings. This property is strategically located in Richfield, OH, with easy access to major transportation routes. The property's size and flexible layout make it suitable for a range of businesses seeking efficient and adaptable space. This is a rare opportunity to acquire a well-maintained industrial property in a desirable location. Contact us today to learn more about this exceptional offering.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,474,488
    6.5%
    $4,130,296
    7%
    $3,835,275
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,200,809
    Geo Method
    $2,200,809
  • Alternative Use

    Use
    Valuation
    Residential
    $5,121,567
    Hospitality
    $4,691,328
    Educational
    $3,903,130
    Medical
    $4,037,364
    Retail
    $6,071,536
4150 Highlander Pkwy, Richfield, Ohio

Location Insight

City
Richfield
County
Summit
State
Ohio
Latitude
41.2177
Longitude
-81.6428
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
$149,754
$298,730
$2,468,170
$2,766,900
-
$853,500
$7,051,910
$7,905,410

FAQs

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