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    2981 Cleveland Rd Wooster, OH 44691

    For Lease
    Contact for pricing

    2,325 SF Retail Space - High Visibility

    Lot size:
    2,325 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 2,325 square foot retail space is ideally situated at the intersection of State Route 83 and State Route 3 in Wayne County, Ohio. The property boasts excellent visibility and convenient access for customers, making it an attractive location for a variety of businesses. Its strategic placement offers significant advantages, benefiting from high traffic counts due to its prominent location at the interchange of two major roadways. The property's proximity to a strong concentration of national retailers is a key benefit. Nearby establishments include Walmart, Lowe's, Kohl's, and Best Buy, creating a vibrant retail environment and attracting a substantial customer base. Furthermore, the property's location just two miles north of the College of Wooster provides access to a significant population of approximately 2,000 students and staff, representing a substantial potential customer pool. The property also offers excellent pylon signage opportunities, enhancing visibility and brand recognition. This single-tenant retail space presents a unique opportunity for businesses seeking a high-traffic, easily accessible location with strong visibility and proximity to major retailers and a significant student population. The property is ready for immediate occupancy.

    Property Features for 2981 Cleveland Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,325 SF

    Unit(s) available at that property

    Space
    Size
    2,325 SF

    HighLights

    • 2,325 SF retail space available for lease.
    • High‑visibility location at the SR 83 and SR 3 interchange.
    • Strong co‑tenancy with Walmart, Lowe's, Kohl's, Best Buy, and other national retailers.
    • Two miles from the College of Wooster (2,000 students and staff).
    • Excellent pylon signage opportunity.
    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
    Wooster
    County
    Wayne
    State
    Ohio
    Longitude
    -81.9287642
    Latitude
    40.8364185

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    FAQs

    What type of property is this?
    Retail property - 2,325 SF Retail Space - High Visibility
    Where is this retail property located?
    The property is located at 2981 Cleveland Rd Wooster, OH.
    What are key features of this property?
    This property features: 2,325 SF retail space available for lease.; High-visibility location at the SR 83 and SR 3 interchange.; Strong co-tenancy with Walmart, Lowe's, Kohl's, Best Buy, and other national retailers.
    Request Owner's contact information
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    Wooster, OH 44691
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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
    2981 Cleveland Rd Wooster, OH 44691
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