Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    478 Corporate Pkwy Wadsworth, OH 44281

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    26,284 SF warehouse in Wadsworth, Ohio with equipment.

    Property size:
    26,284 SF
    Lot size:
    4.97 Acres

    Property Features for 478 Corporate Pkwy

    General Information

    Size
    26,284 SF
    Lot size
    4.97 Acres

    We can help!

    Listing Contact
    Michael Howard
    Source: Moodyscre

    Listing Agency: CBRE | Cleveland Listing Agent: Michael Howard

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

    Learn more

    Property Insight Report

    Overview

    Wadsworth Warehouse with Equipment

    This 26,284 square foot warehouse is located in Wadsworth, Ohio. Package handling equipment remains with the property. Procuring agents are to be paid by their Buyer.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    UPS Customer Center Courier Service

    Suggested Use

    Real Estate Agency Building Supply Big Box & Wholesale Store Auto Repair Shop Hotel & Motel Gym & Fitness Center Pharmacy Auto Parts Store Department Store Kitchen & Bath Showroom

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

    Location Insight

    • Map
    • Local Demand
    City
    Wadsworth
    County
    Medina
    State
    Ohio
    Longitude
    -81.7438179
    Latitude
    41.006108

    Nearby Similar for Sale

    • $139,000
      2.00 Acres

      Land For Sale, Wadsworth, OH

      Land available for purchase in Wadsworth, Ohio.
      V/L Hartman Rd, Wadsworth, OH 44281
      View Details
    • $395,000
      4,644 SF

      Retail Property with Expansion Potential

      Retail property with ample parking and expansion possibilities.
      772 College St, Wadsworth, OH 44281
      View Details
    • $4,250,000
      74,075 SF

      Versatile Commercial Asset in Wadsworth

      Retail, office, and self-storage property with income and upside potential.
      201-251 Great Oaks Trl, Wadsworth, OH 44281
      View Details
    • $4,250,000

      Wadsworth Commercial Asset with Upside

      Versatile commercial property with retail, office, and self-storage components.
      201-251 Great Oaks Trl, Wadsworth, OH 44281
      View Details
    • Contact for pricing
      6,760 SF

      Retail Building with Arcade

      6,760 SF retail building with two units in Wadsworth, OH.
      129 Broad St, Wadsworth, OH 44281
      View Details
    • Contact for pricing
      2,520 SF

      New Industrial Building For Sale

      Two-story industrial building with flexible I-2 zoning.
      168 Auble St, Wadsworth, OH 44281
      View Details
    • Contact for pricing
      30,248 SF

      Wadsworth Office Building For Sale

      Office building with 30,248 square feet of space.
      165 Smokerise Dr, Wadsworth, OH 44281
      View Details
    • Contact for pricing
      16,800 SF

      Fully Leased Wadsworth Warehouse Investment

      16,800 SF industrial warehouse, 100% leased, great highway access.
      2241 Pinnacle Pkwy, Wadsworth, OH
      View Details
    • $470,000
      4,644 SF

      Prime Wadsworth Retail/Auto Shop

      High-traffic, 4,644 SF storefront, $470K
      772 College St, Wadsworth, OH 44281
      View Details
    • $325,000
      2,385 SF

      Downtown Wadsworth Office Building

      Historic Charm, Modern Updates, High Potential
      164 High St, Wadsworth, OH 44281
      View Details
    • $134,900
      Pending

      Wadsworth Duplex with Remodeling Potential

      Value-add duplex near downtown Wadsworth with remodeling upside.
      442-442 Main St, Wadsworth, OH 44281
      View Details
    • $325,000
      1,001,881 SF

      Historic Downtown Wadsworth Office Building

      Prime Wadsworth location, remodeled office space, expansion potential.
      164 High Street , Wadsworth, OH 44281, Wadsworth, OH 44281
      View Details

    FAQs

    What type of property is this?
    Warehouse - 26,284 SF warehouse in Wadsworth, Ohio with equipment.
    Where is this warehouse located?
    The property is located at 478 Corporate Pkwy Wadsworth, OH.
    What are key features of this property?
    This property features: - Package handling equipment remains; - Procurring agents to be paid by their Buyer; - GISP ID: aacbdaf9-4d48-462f-aa96-20b52a3fa018
    (216) 687-1800 Call to check price and availability
    Request Owner's contact information
    478 Corporate Pkwy Wadsworth, OH 44281
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    478 Corporate Pkwy
    Wadsworth, OH 44281
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    478 Corporate Pkwy Wadsworth, OH 44281
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Michael Howard
    (216) 687-1800 (216) 469-1047
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!