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    355 Lake Rd Medina, OH 44256

    For Sale
    $1,300,000

    Industrial property with highway access and flexible zoning.

    Property size:
    34,000 SF
    Lot size:
    2.78 Acres

    Property Features for 355 Lake Rd

    General Information

    Size
    34,000 SF
    Lot size
    2.78 Acres

    Source: Matthews Real Estate Investment Services | Cleveland Agent Evan Cianciolo

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

    Overview

    Medina Industrial Property For Sale

    This industrial property offers an owner-user opportunity with supporting cash flow, situated in a dense industrial park in Medina County. The location provides highway access at the I-71 & SR-18 Interchange, approximately 5.8 miles away. Zoned I-1, the property accommodates various light manufacturing, production, warehousing, and storage uses. There is excess land available that can be utilized for outdoor storage. A new 5-year lease is in place for approximately 10,000 square feet, while approximately 24,000 square feet is available for occupancy. The property has a total size of 34,000 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Integrity Metals Inc Junkyard Happy Grass Lawn ... Lawn Care Service C & T Crates ... Pallet Supplier

    Suggested Use

    Restaurant Law Firm Spa & Massage Building Supply Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Medina
    County
    Medina
    State
    Ohio
    Longitude
    -81.8948638
    Latitude
    41.132793

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    FAQs

    What type of property is this?
    Manufacturing property - Industrial property with highway access and flexible zoning.
    Where is this manufacturing property located?
    The property is located at 355 Lake Rd Medina, OH.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: - ±24,000 SF available for immediate occupancy; - Opportunity for owner-user with supporting cash flow; - Zoned I-1 allowing for light manufacturing, production, warehousing, and storage uses
    (216) 509-7875
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    355 Lake Rd Medina, OH 44256
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    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
    355 Lake Rd Medina, OH 44256
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