Property profile

2736 Medina Rd Medina, OH 44256

OFF-MARKET
Strip malls
Property ID
US66-2752863
65,740 SF 7.04 ac lot Built 2008
Entity Owned 14-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional retail opportunity is located within the highly sought-after Montville Centre, a 65,000 square foot neighborhood strip center in Medina County's Cleveland-Akron submarket. Built in 2008, this property boasts 4,100 square feet of immediately available retail space, perfect for a variety of businesses. The space features impressive 17-foot ceilings and abundant natural light thanks to 14-foot glass windows. The center offers 160 parking spaces for customer convenience. The building is equipped with a sprinkler system, ensuring safety and peace of mind. Strategically situated at the intersection of Rt. 18 (Medina Rd.) and I-71, this location provides unparalleled visibility and accessibility, with quick access to I-271. This prime location within the Medina submarket cluster guarantees high traffic volume and exposure to a large customer base. Don't miss this chance to establish your business in a thriving retail environment.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2008
Total area 65,740 SF
Lot 7.04 ac (306,662 SF)
APN 030-11B-05-009
UPID US66-2752863

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician
  • County Government Office Social Services Organization
  • Medical Clinic
  • Physician
  • Telecommunications Service Data Center

Location

2736 Medina Rd Medina, OH 44256-9660
Medina metro Census 407000 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$800k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.37M
Blend (final) Blend
$800k

Owner & transaction history

since 2012
5 recorded transactions
2012
$3.1M
2006
$1.8M
2004
Price N/A
2002
$1.2M
2002
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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