4174 Wheatley RdRichfield, OH 44286

Property Details for 4174 Wheatley Rd

Year built

2000

Lot size

2.90 AC

Property size (Sq ft)

17,208 SF

Property type

Community centers

APN

50-01973

APU

5001973

Description

This exceptional commercial property at 4174 Wheatley Road in Richfield, Ohio, presents a rare opportunity for retail businesses seeking high visibility and convenient access. The property boasts a total of 43,560 square feet of retail space situated on a 2.78-acre lot, zoned C-2. The single building offers multiple tenancy options, with a minimum divisible space of 1,266 square feet and a maximum contiguous space of 2,200 square feet. Currently, 3,466 square feet of space is vacant and available for lease. Its strategic location at the corner of Wheatley Road and Brecksville Road offers unparalleled visibility and accessibility. The property's proximity to I-271 (less than 0.3 miles) ensures convenient access for customers and employees. This makes it ideal for a variety of retail uses, including drive-up ATMs or other businesses requiring high traffic visibility. The property is located in Summit County, Ohio, with a zip code of 44286. This is a unique opportunity to establish a thriving business in a high-traffic area with excellent visibility and convenient access to major transportation routes. The property's size and zoning provide flexibility for a range of retail concepts. Serious inquiries are encouraged to explore this promising investment.

• CAP approach

  CAP return

  Valuation

  6%

  $4,810,675

  6.5%

  $4,440,623

  7%

  $4,123,436

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,056,284

  Geo Method

  $4,056,284

• Alternative Use

  Use

  Valuation

  Residential

  $3,745,832

  Hospitality

  $3,431,162

  Educational

  $2,854,686

  Medical

  $2,952,863

  Retail

  $4,440,623

Location Insight

City

Richfield

County

Summit

State

Ohio

Latitude

41.2198

Longitude

-81.6371

CBSA code

10420

CBSA name

AKRON, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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