4136 Pearl RdMedina, OH 44256
- Retail properties
- 3,435 SF
Property Details for 4136 Pearl Rd
- Year built
- 2000
- Lot size
- 1.20 AC
- Property size (Sq ft)
- 3,435 SF
- Property type
- Retail properties
- Property subtype
- Turn key restaurants
- APN
- 026-06C-12-027
- APU
- 02606C12027
Description
This exceptional freestanding restaurant property, located at 4136 Pearl Road in Medina, Ohio, presents a compelling investment opportunity. Boasting 3,627 square feet of retail space situated on a generous 1.19-acre lot, this property is ideally positioned across from a Walmart, ensuring high visibility and substantial foot traffic. The building features a fully equipped commercial kitchen, perfect for a variety of culinary ventures, along with a 10-person bar and an inviting outdoor patio, expanding seating capacity and enhancing the dining experience. Currently configured to accommodate over 100 guests, the restaurant also includes a small waiting area. The existing tenant's lease expires October 31, 2025, and they plan to relocate within Medina, indicating strong local demand and market viability. The property is zoned as Business Intensive by Medina Township, offering flexibility for a wide range of retail uses beyond restaurant operations. This prime location, combined with its functional layout and ample space, makes this a truly remarkable opportunity for savvy investors seeking a high-return asset in a thriving Ohio market. The property's address is 4136 Pearl Rd, Medina, OH 44256. Its convenient location and existing infrastructure provide a solid foundation for immediate occupancy or future redevelopment.
Valuation
by Realmo methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $960,290
- 6.5%
- $886,421
- 7%
- $823,106
-
Comparable approach
- Method
- Valuation
- Relative Method
- $809,701
- Geo Method
- $809,701
-
Alternative Use
- Use
- Valuation
- Residential
- $747,730
- Hospitality
- $684,916
- Educational
- $569,842
- Medical
- $589,440
- Retail
- $886,421








Location Insight
- City
- Medina
- County
- Medina
- State
- Ohio
- Latitude
- 41.1624
- Longitude
- -81.8629
- CBSA code
- 17460
- CBSA name
- CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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