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    1011 High St Wadsworth, OH 44281

    Sponsored
    For Sale
    $600,000

    3-Acre C-3 Zoned Lot - $600K

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3-acre commercial land parcel, located at 1011 High Street (rear) in Wadsworth, Ohio, presents a unique investment opportunity. The property, identified by APN 040-20B-05-036, is zoned C-3, offering a wide range of potential commercial uses. Priced at $600,000, this translates to $200,000 per acre, reflecting the desirability of this location within Medina County. The site boasts excellent infrastructure, including readily available access to city utilities such as street access, gas, water, storm sewer, and electricity. This significantly reduces development costs and streamlines the process for future projects. Its 3-acre size provides ample space for a variety of commercial ventures, from retail establishments to light industrial uses. The property's strategic location in Wadsworth, Ohio, offers easy access to major transportation routes and a thriving local economy, making it an ideal location for businesses seeking high visibility and convenient access to a strong customer base. This is a rare opportunity to acquire a well-situated, fully-serviced commercial lot in a desirable Ohio market. Don't miss out on this chance to build your business's future.

    Property Features for 1011 High St

    General Information

    Property type
    Land
    Lot Size
    130,680 SF

    HighLights

    • $600,000 asking price.
    • 3‑acre parcel.
    • C‑3 commercial zoning.
    • Parcel ID: 040‑20B‑05‑036.
    • Utilities available: street access, gas, water, sewer, and electricity.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Wadsworth
    County
    Medina
    State
    Ohio
    Longitude
    -81.7283432
    Latitude
    41.0507236

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    FAQs

    What type of property is this?
    Land - 3-Acre C-3 Zoned Lot - $600K
    Where is this land located?
    The property is located at 1011 High St Wadsworth, OH.
    What is the asking price?
    The asking price for this property is $600,000.
    What are key features of this property?
    This property features: $600,000 asking price.; 3-acre parcel.; C-3 commercial zoning.
    Request Owner's contact information
    1011 High St Wadsworth, OH 44281
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    Wadsworth, OH 44281
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    Realmo Value Estimation

    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.

    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.

    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
    1011 High St Wadsworth, OH 44281
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