3637 State Route 5 Cortland, OH 44410
This exceptional commercial property, located at 3637 State Route 5 in Cortland, Ohio (zip code 44410), presents a compelling investment opportunity. Situated on a 0.459-acre lot, this special-purpose property boasts a prime location near the intersection of State Route 5 and State Route 46, adjacent to a McDonald's. The property currently houses four long-term tenants within a 1500 square foot space, offering immediate rental income. An additional 1500 square feet is available for lease, presenting a significant opportunity to increase revenue streams. Recent improvements include a new roof, exterior updates, skylights, and new flooring throughout most of the building. Interior upgrades also include the installation of chair lifts. This well-maintained building offers a turnkey investment opportunity with strong existing tenancy and significant potential for future growth. The property is ready for immediate occupancy and offers a high return on investment. This is an exceptional opportunity for investors seeking a stable and profitable commercial property in a high-traffic location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.