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    3070 Medina Rd Medina, OH 44256

    Sponsored
    For Lease
    Contact for pricing

    Prime Medina location, high-traffic, multiple tenants.

    Lot size:
    627,264 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail opportunity is situated on State Route 18 in Medina, Ohio, offering unparalleled visibility and accessibility from Interstate 71. The property consists of two distinct parcels ideal for development. One parcel is a 2.5-acre outlot, perfectly suited for a standalone retail building, complementing the existing successful businesses in the development. The second parcel encompasses 11.9 acres, presenting a significant development opportunity for a larger-scale retail project. This thriving retail center already boasts a strong tenant mix, including established national brands such as Starbucks, Chipotle, and GetGo, with WetGo slated to open soon. The location benefits from high daily traffic counts due to its strategic placement near the Interstate 71 interchange, ensuring maximum exposure for any new business. This is a rare chance to secure a prominent position within a rapidly growing retail hub in Medina County. The property's location provides easy access for customers and employees alike, making it an attractive proposition for a variety of retail uses. The 2-acre land parcels offer significant potential for immediate development or long-term investment. This is an exceptional opportunity to capitalize on the robust growth and high visibility of this prime Medina location.

    Property Features for 3070 Medina Rd

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    627,264 SF

    Unit(s) available at that property

    Space
    Future Development
    Size
    518,364 SF
    Space
    Available Space 1
    Size
    108,900 SF

    HighLights

    • Prime 2‑acre outparcel in Medina, OH, at the highly visible State Route 18 and I‑71 interchange.
    • Strong co‑tenancy with Starbucks, Chipotle, GetGo, and future WetGo.
    • Two development opportunities available: a 2.5‑acre outlot and an 11.9‑acre parcel.
    • Located in Medina County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Starbucks Internet Cafe Chipotle Mexican Grill Caterer

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Medina
    County
    Medina
    State
    Ohio
    Longitude
    -81.797781458394
    Latitude
    41.13615644589

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    FAQs

    What type of property is this?
    Individual retail property - Prime Medina location, high-traffic, multiple tenants.
    Where is this individual retail property located?
    The property is located at 3070 Medina Rd Medina, OH.
    What are key features of this property?
    This property features: Prime 2-acre outparcel in Medina, OH, at the highly visible State Route 18 and I-71 interchange.; Strong co-tenancy with Starbucks, Chipotle, GetGo, and future WetGo.; Two development opportunities available: a 2.5-acre outlot and an 11.9-acre parcel.
    Request Owner's contact information
    3070 Medina Rd Medina, OH 44256
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    Medina, OH 44256
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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
    3070 Medina Rd Medina, OH 44256
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