70 Cleveland Massillon Rd Fairlawn, OH 44333
This ±2,400 square foot building presents a prime redevelopment opportunity in Fairlawn, Ohio. Located at the corner of South Cleveland Massillon Road and Brookwall Drive, this property enjoys a high-traffic location within the Fairlawn/Montrose Retail Trade Area, boasting over 18,000 vehicles daily. The single-story, 1986-built structure sits on a 0.16-acre lot and is zoned Commercial General Retail (C-GR), offering flexibility for various uses. Currently vacant and used for storage, this building is ready for a new owner/user to transform it. The asking price has been recently reduced to $295,000, translating to $122.92 per square foot. Key features include a signalized intersection and proximity to numerous major retailers, restaurants, and hotels. This is an exceptional chance to acquire a well-positioned property in a thriving retail corridor. The property is jointly owned by Bath and Copley Townships.
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.