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    124 Lafayette Rd Medina, OH 44256

    For Lease
    $16 SF/Yr ($8,994 /Mo)

    Modern Suites, Utilities Included, Ample Parking

    Lot size:
    6,475 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional three-story executive office building, located at 124 Lafayette Road in Medina, Ohio, offers a variety of flexible office spaces for lease. The 6,475 square foot building, situated on a 0.2-acre lot, boasts 25 convenient parking spaces, split between front and rear lots. Built in 1967 and extensively renovated in 2020, the property features a redesigned lobby and updated interiors throughout, including new paint, carpet, and lighting. Currently, there are three available office spaces ranging from 168 to 504 square feet. The building is zoned C1 and is located in Medina County, Ohio, with a 44256 zip code. Tenants benefit from all utilities included in the lease rate, simplifying budgeting and reducing operational costs. The building's central business location provides excellent accessibility and visibility. This is an ideal opportunity for businesses seeking modern, well-maintained office space in a thriving Medina community. The property offers a blend of convenience, modern amenities, and a strategic location, making it an attractive option for a variety of professional tenants. Don't miss this chance to secure your ideal workspace in this meticulously maintained building.

    Property Features for 124 Lafayette Rd

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,475 SF
    Total Rate
    8994.85

    Building Details

    Year Built/Renovated
    1967/2020
    Stories
    3

    Unit(s) available at that property

    Space
    Suite 200
    Size
    504 SF
    Rate per SF
    $16
    Space
    Suite 102
    Size
    168 SF
    Rate per SF
    $19
    Space
    Suite 103
    Size
    240 SF
    Rate per SF
    $28

    HighLights

    • Multiple single, double, and three‑room offices available for lease, ranging from 168 to 504 square feet.
    • All utilities included.
    • 6,475 square foot building on a 0.2‑acre lot.
    • Three‑story building, renovated in 2020.
    • 25 parking spaces.
    • C1 zoning.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    T. Jeffrey Tumlin, ... Legal Services Legacy Staffing Employment Agency Family First Bail ... Bail Bonds Service Kucharski Denis J Attorney fgb Photographer

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Medina
    County
    Medina
    State
    Ohio
    Longitude
    -81.8650987
    Latitude
    41.1338868

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    FAQs

    What type of property is this?
    Office Property / Space - Modern Suites, Utilities Included, Ample Parking
    Where is this office property / space located?
    The property is located at 124 Lafayette Rd Medina, OH.
    What is the lease rate?
    The lease rate is $16-$28 SF/Yr.
    What are key features of this property?
    This property features: Multiple single, double, and three-room offices available for lease, ranging from 168 to 504 square feet.; All utilities included.; 6,475 square foot building on a 0.2-acre lot.
    Request Owner's contact information
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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
    124 Lafayette Rd Medina, OH 44256
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