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 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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