Multi-Tenant Investment Property For
4183 Wyoga Lake Rd, Cuyahoga Falls, OH 44224
For Sale
Contact for pricing
10,075 sq. ft. building, 100% occupied near Route 8.
Property Size10,075 SF
Price / SF$93.80
Days on Market875
Property Features for 4183 Wyoga Lake Rd
General Information
Standard status
Size
Class
Property subtype
Zoning
Occupancy
Lease Type
Building Details
Year Built
Buildings
Stories
Tenancy
Listing Agency:
Cutler Real Estate
Listed By:
Jack Marsillo · License #OH 2002000007
(330) 835-5664
Source:
Crexi
Added: Jun 16, 2024
Changed: Oct 25
Last Checked: Nov 6 at 8:33AM
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 Cutler Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This is a multi-tenant investment property with a building size of 10,075 square feet. The property is 100% occupied and is located near Route 8, serving Cuyahoga Falls and Stow.
Key Highlights
- Solid multi‑tenant investment property
- 100% occupied, providing immediate returns
- Convenient location near Route 8
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$63,833
Cap Rate
6.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,276,660
$1.3M
Cap Rate 7%
$911,900
$911.9K
Cap Rate 9%
$709,256
$709.3K
Market Conditions
NOI Build-Up for 10,075 SF
Gross rent
$94.3K $9.36/SF
− Vacancy
−$3.1K −$0.31/SF
EGI
$91.2K $9.05/SF
− OpEx
−$27.4K −$2.72/SF
NOI
$63.8K $6.34/SF
Area
Summit County, OH
Vacancy
3.30%
Lease Rate
$9.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,276,660
Cap Rate 7%
$911,900
Cap Rate 9%
$709,256
Alternative Uses
Best Use
Retail
$911.9K
$797.9K – $1.06M
NOI $63,833 @ 7.0% cap · market cap 6.75%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.47M
$2.16M – $2.88M
NOI $173,075 @ 7.0% cap · market cap 18.31%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
105
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 44224, OH
38,709
Population
16,826
Households
2.3
Avg Household Size
42
Median Age
49%
College-Educated
96%
High-School Grad
20.4 sq mi
ZIP Area
1,898
Density / Sq Mi
$91,096
Median Household Income
$48,624
Median Earnings
$1,190
Median Rent
$243,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Shopping center - 10,075 sq. ft. building, 100% occupied near Route 8.
Where is this shopping center located?
The property is located at 4183 Wyoga Lake Rd Cuyahoga Falls, OH.
What is the asking price?
The asking price for this property is $945,000.
What are key features of this property?
This property features: Solid multi‑tenant investment property; 100% occupied, providing immediate returns; Convenient location near Route 8
