3900 Pearl Rd Medina, OH 44256
- Warehouses
- 700 SF
- 2.04 lot acres
Current Use by Public Records
- Warehouses
Property Details for 3900 Pearl Rd
- Year built
- 1963
- Lot size
- 2.04 lot acres
- Property size
- 700 SF
- Property type
- Warehouses
- Property subtype
- Self storage facilities
- APN
- 026-06C-07-269
- APU
- 02606C07269
Description
This exceptional investment opportunity presents three single-story commercial buildings totaling 13,380 square feet situated on a 2.04-acre lot at 3900 Pearl Rd in Medina, Ohio (APN: 02606C07269). The property, classified as Class B, offers a blend of retail and office space currently at 50% occupancy. Built in 1963 and renovated in 1996, the buildings are well-maintained and present a solid foundation for immediate income and future growth. The lease type is gross, simplifying management and providing a predictable income stream. The single tenancy structure offers streamlined operations. The property's location in Medina, Ohio, 44256, provides excellent access to a thriving community and strong consumer base. The strategic location on Pearl Road ensures high visibility and accessibility for businesses. This is an ideal opportunity for investors seeking a stable, income-producing asset with significant upside potential in a desirable Ohio market. The property's size and layout offer flexibility for a variety of uses, allowing for potential expansion or redevelopment to meet evolving market demands. The asking price is $1,500,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Medina
- County
- Medina
- State
- Ohio
- Longitude
- -81.8625
- Latitude
- 41.1687
- CBSA code
- 17460
- CBSA name
- CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
