1525 Corporate Woods PkwyUniontown, OH 44685

  • Office properties
  • 25,622 SF
For Lease

Property Details for 1525 Corporate Woods Pkwy

Year built
1993
Lot size
2.84 AC
Property size (Sq ft)
25,622 SF
Property type
Office properties
Property subtype
Office buildings
APN
28-15543
APU
2815543

Description

This exceptional Uniontown, Ohio property, located at 1525 Corporate Woods Pkwy, presents a unique investment opportunity. The single-tenant building, boasting 25,000 square feet of space, is classified as Class B and was constructed in 1993. The building features a striking architectural design, incorporating a structural steel frame with masonry, glass exterior, and brick fascia. The single-story structure offers a generous ceiling height of 14 feet in the office/R&D areas and 8 feet 6 inches in the office space. The flexible layout is ideal for a variety of uses, making it a highly adaptable space. The property sits on a sizable 2.848-acre lot, zoned I-1, and features a bay size of 30' x 30'. While the total number of parking spaces is currently listed as zero, the ample lot size allows for potential expansion and parking solutions. The property's Summit County location, with the APN 2815543, provides easy access to major transportation routes and amenities. This is a rare opportunity to acquire a substantial, well-located commercial property with significant potential for growth and return on investment. The property is offered as a single-tenant building, providing a streamlined ownership experience. The building's flexible design and generous square footage make it suitable for a wide range of businesses. This is an excellent opportunity for an investor seeking a strong, established property in a desirable location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,872,718
    6.5%
    $4,497,894
    7%
    $4,176,616
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,396,682
    Geo Method
    $2,396,682
  • Alternative Use

    Use
    Valuation
    Residential
    $5,577,388
    Hospitality
    $5,108,858
    Educational
    $4,250,510
    Medical
    $4,396,692
    Retail
    $6,611,904
1525 Corporate Woods Pkwy, Uniontown, Ohio

Location Insight

City
Uniontown
County
Summit
State
Ohio
Latitude
40.965
Longitude
-81.4726
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
$32,265
$62,920
$510,380
$573,300
-
$179,760
$1,458,230
$1,637,990

FAQs

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