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    279-285 E Reagan Pkwy Medina, OH 44256

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    For Lease
    $14 SF/Yr ($2,800 /Mo)

    2,400 SF retail/office space ideal for bank or retail.

    Property size:
    2,400 SF
    Lot size:
    1.41 Acres

    Property Features for 279-285 E Reagan Pkwy

    General Information

    Size
    2,400 SF
    Lot size
    1.41 Acres

    Source: Gerspacher Real Estate Group Agent Emily Faust

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Former Bank Space Available

    The property offers 2,400 square feet of retail or office space, previously occupied by Chase Bank, making it suitable for another bank. The space benefits from natural light and includes two private offices, one restroom, a lobby and front desk area, a kitchenette, and a small copy room. It also features three drive-thru lanes. The property has monument signage and frontage on E. Reagan Parkway, which experiences over 8,800 vehicles per day, located off of N. Court Street in Medina. The zoning is C-3 General Business, which allows for various retail and office uses.
    Location Intelligence

    Current Use by Public Records

    Banks

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Medina
    County
    Medina
    State
    Ohio
    Longitude
    -81.8598595
    Latitude
    41.1559741

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    FAQs

    What type of property is this?
    Bank - 2,400 SF retail/office space ideal for bank or retail.
    Where is this bank located?
    The property is located at 279-285 E Reagan Pkwy Medina, OH.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: - Former Chase Bank space, ideal for another bank user.; - High traffic location on E. Reagan Parkway (8,800 daily count) near N. Court Street.; - Includes 3 drive-thru lanes.
    (412) 956-0066
    Request Owner's contact information
    279-285 E Reagan Pkwy Medina, OH 44256
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    279-285 E Reagan Pkwy Medina, OH 44256
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