Self-Storage Facility with Retail and
For Sale
Contact for pricing
201-251 Great Oaks Trl, Wadsworth, OH 44281
Self-storage facility combined with retail and office space, positioned in Wadsworth with access to Interstate 76.
Property Size74,075 SF
Price / SF$57.37
Days on Market258
Property Features for 201-251 Great Oaks Trl
General Information
Standard status
Active
Size
74,075 SF
Property subtype
RETAIL
Site & Location
Highway Access
Yes
Road Access
Yes
Listing Agency:
SVN Summit Commercial Real Estate Advisors
(231) 633-1642
Listed By:
Jenna Tharp · License #SAL.2020006237
(231) 633-1642
Source:
Moodyscre
Added: Nov 24, 2025
Changed: Aug 8
Last Checked: Aug 8 at 5:41AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN Summit Commercial Real Estate Advisors
Investment Insights
Based on property information with market context.
This self-storage facility combines storage with retail and office components, offering a versatile commercial mix on a single site. The property contains approximately 74,075 square feet and includes both long-standing tenants and newer leases.
The site fronts Great Oaks Trl and is described as approximately +/- 1.0 acre, positioned in Wadsworth’s retail corridor. The location is marketed for prime access to Interstate 76, supporting day-to-day customer traffic for the retail and storage uses.
Overall, the configuration provides an owner with multiple income-generating streams across self-storage, retail, and office space within a shared footprint at 201-251 Great Oaks Trl, Wadsworth, OH 44281.
The site fronts Great Oaks Trl and is described as approximately +/- 1.0 acre, positioned in Wadsworth’s retail corridor. The location is marketed for prime access to Interstate 76, supporting day-to-day customer traffic for the retail and storage uses.
Overall, the configuration provides an owner with multiple income-generating streams across self-storage, retail, and office space within a shared footprint at 201-251 Great Oaks Trl, Wadsworth, OH 44281.
Key Highlights
- Approx. 74,075 SF self‑storage facility with retail and office space
- Approximately +/- 1.0 acre fronting Great Oaks Trl
- Access to Interstate 76
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$335,277
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.89%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$6,705,540
$6.7M
Cap Rate 7%
$4,789,671
$4.8M
Cap Rate 9%
$3,725,300
$3.7M
Market Conditions
NOI Build-Up for 74,075 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$412.6K $5.57/SF
− Vacancy
−$18.2K −$0.25/SF
EGI
$394.4K $5.32/SF
− OpEx
−$59.2K −$0.80/SF
NOI
$335.3K $4.53/SF
Area
Medina County, OH
Vacancy
4.40%
Lease Rate
$5.57 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$6,705,540
Cap Rate 7%
$4,789,671
Cap Rate 9%
$3,725,300
Alternative Uses
Best Use
Office B
$12.97M
$11.35M – $15.14M
NOI $908,138 @ 7.0% cap · market cap 21.37%
Second Best
Self Storage
$10.36M
$9.06M – $12.08M
NOI $724,898 @ 7.0% cap · market cap 17.06%
Theoretical Best
Specialty Retail
$20.66M
$18.08M – $24.11M
NOI $1,446,318 @ 7.0% cap · market cap 34.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
429
Businesses Nearby
Explore this area
Business Placement
Demographics for 44281, OH
33,241
Population
14,298
Households
2.3
Avg Household Size
41
Median Age
42%
College-Educated
96%
High-School Grad
47.8 sq mi
ZIP Area
695
Density / Sq Mi
$88,128
Median Household Income
$46,653
Median Earnings
$1,031
Median Rent
$262,200
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Self storage facility - Self-storage facility combined with retail and office space, positioned in Wadsworth with access to Interstate 76.
Where is this self storage facility located?
The property is located at 201-251 Great Oaks Trl Wadsworth, OH.
What is the asking price?
The asking price for this property is $4,250,000.
What are key features of this property?
This property features: Approx. 74,075 SF self‑storage facility with retail and office space; Approximately +/- 1.0 acre fronting Great Oaks Trl; Access to Interstate 76
