Property profile

70 Cleveland Massillon Rd Fairlawn, OH 44333

OFF-MARKET
Retail properties & Spaces
2,400 SF 0.16 ac lot Built 1986
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1986
Total area 2,400 SF
Lot 0.16 ac (6,970 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

70 Cleveland Massillon Rd Fairlawn, OH 44333
Fairlawn metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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