3575 Medina Rd Medina, OH 44256
- Retail space
- 3,520 SF
- 0.08 lot acres
Current Use by Public Records
- Retail space
Property Details for 3575 Medina Rd
- Year built
- 1998
- Lot size
- 0.08 lot acres
- Property size
- 3,520 SF
- Property type
- Retail space
- APN
- 026-06D-33-104
- APU
- 02606D33104
Description
This 3,520 square foot retail condominium, located at 3575 Medina Road in Medina, Ohio (zip code 44256), is offered at $445,000, representing a price per square foot of $126.42. Situated on a 0.08-acre lot, the property is zoned for Limited Business use and offers a wide-open space suitable for various retail, food service, or service provider businesses. The convenient location boasts ample on-site parking directly in front of the building, ensuring easy access for customers and employees. This high-traffic area benefits from a strong vehicle and pedestrian count, placing it within one of Medina County's most active commercial corridors. The property's proximity to established businesses such as Howard Hanna, Tres Potrillo, and The UPS Store further underscores its desirability and potential for success. This presents a unique opportunity to acquire a well-positioned retail or office space in a thriving Medina County location. The property is easily accessible from Medina Road and offers excellent visibility for any business.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,490,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,230,000
- 6.5%
- $1,445,000
- 7%
- $1,285,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,420,000
- Geo Method
- $1,470,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $970,000
- Retail
- $1,270,000
- Mixed-Use
- $1,115,000
- Hospitality
- $1,200,000
- Educational
- $1,315,000
- Residential Income
- $1,200,000
- Energy
- $1,300,000
- Income-Based Land
- $1,115,000
- Food Service
- $1,085,000
Location Insight
- Map
- Local Demand
- City
- Medina
- County
- Medina
- State
- Ohio
- Longitude
- -81.8155
- Latitude
- 41.137
- CBSA code
- 17460
- CBSA name
- CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA