0 Wadsworth Corporate Pkwy Wadsworth, OH 44281
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.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.