Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Copley Land Ready For Vision Title is generated by Realmo AI

    2855 Copley Road, Copley, OH 44321

    View on Map
    Claim this Listing
    New
    Pending
    $69,900

    COMMERCIAL - Copley, OH

    Lot size:
    1.05 Acres
    Added:
    May 5, 2026
    Days on Market:
    7
    Last Refresh:
    May 11 at 6:06 am

    Property Features for 2855 Copley Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Parking features
    Paved or Surfaced, Driveway
    Standard status
    Pending
    APN
    1501478
    Lot size
    1.05 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    W SCHOCOLOG EST LOT 3 ALL
    Tax Annual Amount
    786

    Utilities

    Water source
    Public

    We can help!

    Listing Contact
    Amy Wengerd
    Amy Wengerd

    Listing agent Amy Wengerd License #436224

    Listing office EXP Realty, LLC. 159 Crocker Park Blvd. #400, Dublin, OH

    Listing date May 5, 2026

    MLS# 5207231 Listing URL

    Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Prime location in the desirable Copley‑Fairlawn CSD.
    • Three lots totaling over an acre.
    • Close proximity to Copley Community Park, Copley Schools, amenities, and highways.
    • Connection to public water.
    • Electricity present at the property.
    • Two smaller driveways on the two main lots.

    Overview

    These three lots, totaling just over an acre, are located in Copley, Ohio, within the Copley-Fairlawn City School District. The lots are positioned close to Copley Community Park, Copley Schools, amenities, and highways. The property includes two smaller driveways on the two main lots. Public water is connected, and electricity is present at the property. The total lot size is 1.0533 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Auto Repair Shop Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Copley
    County
    Summit
    State
    Ohio
    Longitude
    -81.6203465
    Latitude
    41.0940199

    Nearby Similar for Sale

    • $1,350,000

      Development-Ready Commercial Land

      3.5-acre commercial property ready for development in Copley, OH.
      V/L 4655 Medina Road, Copley, OH 44321
      View Details
    • $240,000

      Copley Commercial Land For Sale

      12 acres of commercial land ready for development near I-77.
      White Pond Drive, Copley, OH 44313
      View Details
    • $399,000
      2 SF

      Prime Development Site on Medina

      Two-acre commercial land with high visibility and frontage.
      4585 Medina Road, Copley, OH, 44321
      View Details
    • $209,000
      3,720 SF

      Established Martial Arts School

      Well-maintained martial arts school with mat area and equipment.
      3223 Copley Road, Copley, OH 44321
      View Details
    • $299,000

      Land for Lease Opportunity

      Land available for lease with mixed-use potential.
      2811 Copley Rd, Copley, OH
      View Details
    • Contact for pricing

      3.95 Acres Retail Land Available

      3.95 acres of general retail land with utilities on-site.
      2797 Copley Rd, Copley, OH
      View Details
    • Contact for pricing

      Land Available on Jacoby Road

      4.664 acres of commercial land with utilities on-site.
      Jacoby Rd, Copley, OH
      View Details

    FAQs

    What type of property is this?
    Commercial land - Three lots totaling over an acre in Copley, Ohio.
    Where is this commercial land located?
    The property is located at 2855 Copley Road Copley, OH.
    What is the asking price?
    The asking price for this property is $69,900.
    What are key features of this property?
    This property features: Prime location in the desirable Copley‑Fairlawn CSD.; Three lots totaling over an acre.; Close proximity to Copley Community Park, Copley Schools, amenities, and highways.
    (330) 681-6090
    We can help!
    Listing Contact
    Amy Wengerd
    Amy Wengerd
    Real Estate License ID: 436224
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    2855 Copley Road, Copley, OH 44321
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!