775-779 W Smith Rd, Medina, OH
Flexible industrial property in Medina's established industrial corridor.
- Added:
- Jul 9, 2025
- Days on Market:
- 340
- Last Refresh:
- May 20 at 8:02 pm
Property Features for 775-779 W Smith Rd
General Information
- Standard status
- Active
- Size
- 100,000 SF
- Lot size
- 3.16 Acres
- Property subtype
- INDUSTRIAL
Listing agent Steve Masica License ##2013002150 (216) 293-8900
Listing office Sperry Commercial -The Masica Company (216) 293-8900
Listing date Jul 9, 2025
Source Moodyscre
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 Sperry Commercial -The Masica Company
HighLights
- Functional layout with industrial‑grade utilities, off‑street parking, and truck access.
- Strategic location with direct access to I‑71, Route 18, and Route 42, providing connectivity to Cleveland, Akron, and surrounding markets.
- Flexible industrial zoning suitable for warehousing, light manufacturing, service trades, and flex‑office uses.
- Appeals to both owner‑users and investors, offering options for stable income or repositioning for higher‑value tenancy.
- Lower operating costs and a competitive tax environment compared to metro‑core areas.
- Located in Medina's established industrial corridor, benefiting from strong visibility and local traffic exposure.
Overview
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $557.0k | $5.57 |
| − Vacancy | −$24.5k | −$0.25 |
| EGI | $532.5k | $5.32 |
| − OpEx | −$79.9k | −$0.80 |
| NOI | $452.6k | $4.53 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Secure Storage Plus — 450 N State Rd, Medina, OH 44256
- rocky's box — 224 N State Rd, Medina, OH 44256
- McClain Moving — 431 W Liberty St, Medina, OH 44256
Location Insight
- Map
- Local Demand
- City
- Medina
- County
- Medina
- State
- Ohio
- Longitude
- -81.8807
- Latitude
- 41.1363