1684 Medina Rd Medina, OH 44256
- Warehouses
- 21,371 SF
- 2.59 lot acres
Current Use by Public Records
- Farmers Insurance - William Exley / Motorcycle Insurance Agency / Renter'S Insurance Agency
- Robert Hecht American Family Insurance / Insurance Agency
- Restorative Physical Therapy Co. / Physical Therapy Clinic
- Quick Insured Brokerage / Insurance Agency
- The Ashley Group / Insurance Broker
Property Details for 1684 Medina Rd
- Year built
- 1974
- Lot size
- 2.59 lot acres
- Property size
- 21,371 SF
- Property type
- Warehouses
- Property subtype
- Self storage facilities
- APN
- 033-12A-04-022
- APU
- 03312A04022
Description
This exceptional office building, located at 1684 Medina Rd, Medina, OH 44256, offers a variety of flexible workspace solutions. The Pinnacle Building, a Class B property totaling 21,371 square feet, underwent renovations in 2018, ensuring modern amenities within a well-maintained structure. Originally built in 1974, this two-story building is ideally situated on Route 18 in Medina County, providing unparalleled access to I-77 and I-71, making it a convenient location for businesses throughout Northeast Ohio. The property accommodates multiple tenants, with spaces ranging from a minimum of 170 square feet to a maximum contiguous space of 300 square feet. The building caters to diverse business needs, offering executive office suites, creative office spaces, and coworking options. While elevators are not available, the two-story building offers easy accessibility. This is an excellent opportunity for professionals, small businesses, and freelancers seeking a well-located and adaptable workspace in a thriving Medina County community. The property's strategic location on a major thoroughfare ensures high visibility and easy access for clients and employees. Inquire today to explore the available office suites and find the perfect space for your business needs.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $465,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $315,000
- 6.5%
- $350,000
- 7%
- $345,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $320,000
- Geo Method
- $305,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $360,000
- Retail
- $375,000
- Mixed-Use
- $340,000
- Hospitality
- $360,000
- Educational
- $325,000
- Residential Income
- $355,000
- Energy
- $395,000
- Income-Based Land
- $325,000
- Food Service
- $305,000
Location Insight
- Map
- Local Demand
- City
- Medina
- County
- Medina
- State
- Ohio
- Longitude
- -81.7476
- Latitude
- 41.1354
- CBSA code
- 17460
- CBSA name
- CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA