2950 Market StFairlawn, OH 44333

Property Details for 2950 Market St

Year built

1966

Lot size

1.91 AC

Property size (Sq ft)

22,092 SF

Property type

Office properties

Property subtype

Office buildings

APN

09-03980

APU

903980

Description

This exceptional 2,000 square-foot office space in Summit County offers unparalleled convenience and visibility. Located on West Market, it provides easy access to Fairlawn, Montrose, and Akron. The single-tenant unit boasts its own entrance and ample parking within a large, shared lot. Currently configured as a medical office, the layout includes a spacious waiting area, four to five exam rooms, two private offices, and a break room. However, its adaptable design makes it suitable for a variety of office uses. The space is immediately available, representing a fantastic opportunity for businesses seeking a clean, well-maintained, and conveniently located office. The single-story building ensures easy navigation and accessibility. The high visibility location on West Market guarantees strong exposure to potential clients and customers. This is a rare opportunity to secure a move-in ready space in a desirable location with ample parking, making it an ideal choice for businesses seeking immediate occupancy. The flexible layout allows for customization to suit specific business needs, offering a versatile solution for various office types.

• CAP approach

  CAP return

  Valuation

  6%

  $4,201,393

  6.5%

  $3,878,209

  7%

  $3,601,194

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,066,486

  Geo Method

  $2,066,486

• Alternative Use

  Use

  Valuation

  Residential

  $4,808,979

  Hospitality

  $4,404,999

  Educational

  $3,664,908

  Medical

  $3,790,949

  Retail

  $5,700,968

Location Insight

City

Fairlawn

County

Summit

State

Ohio

Latitude

41.1268

Longitude

-81.6087

CBSA code

10420

CBSA name

AKRON, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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