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    Wadsworth Corporate Pkwy Wadsworth, OH 44281

    For Sale
    $225,000

    2.76-acre lot, I-1 zoning, Wadsworth, OH.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 2.76-acre commercial and industrial land parcel, identified as Lot 8 on Wadsworth Corporate Parkway, presents a compelling investment opportunity in Wadsworth, Ohio. Located in Medina County, this property boasts 330 feet of frontage on Corporate Parkway and an irregular depth of 393.55 feet. The property is zoned I-1, offering flexibility for various industrial uses. This lot has the potential to be combined with the adjacent Lot 9, creating a larger 6.37-acre contiguous parcel. Preliminary assessments suggest potential access to the detention basin on Lot 9 for water runoff management, though buyers should engage engineers to determine specific needs and feasibility. Detailed topographical and wetlands maps, along with a survey, are readily available for review. The City of Wadsworth offers potential tax incentives, adding further value to this strategic location. Essential utilities, including gas, electric, water, and sewer, are conveniently located at street level. This property is part of a larger development with four lots ranging from 1.8 to 8.65 acres, and a total of 22.29 contiguous acres are available. Lots 6 and 7 offer rail access. The asking price for this prime industrial land is $225,000. This is an excellent opportunity for businesses seeking a well-situated location with potential for expansion. The zip code is 44281.

    Property Features for 0 Wadsworth Corporate Pkwy

    General Information

    Property type
    Land
    Lot Size
    120,226 SF

    HighLights

    • Four lots available in Wadsworth, Ohio.
    • Lot sizes range from 1.8 to 8.65 acres, with 22.29 contiguous acres available.
    • Topography, wetlands, and survey maps available.
    • City of Wadsworth offers potential tax incentives.
    • Lots 6 & 7 offer rail access.
    • Utilities (gas, electric, water, sewer) at street level.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Wadsworth
    County
    Medina
    State
    Ohio
    Longitude
    -81.7452985
    Latitude
    41.0058065

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    FAQs

    What type of property is this?
    Land - 2.76-acre lot, I-1 zoning, Wadsworth, OH.
    Where is this land located?
    The property is located at Wadsworth Corporate Pkwy Wadsworth, OH.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: Four lots available in Wadsworth, Ohio.; Lot sizes range from 1.8 to 8.65 acres, with 22.29 contiguous acres available.; Topography, wetlands, and survey maps available.
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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
    Wadsworth Corporate Pkwy Wadsworth, OH 44281
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