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    4183 Wyoga Lake Rd Cuyahoga Falls, OH 44224

    • Commercial real estate
    • 10,075 SF
    • 0.91 lot acres
    For Sale
    View listing
    $795,000
    Value Estimation
    Location Intelligence
    Property ID
    US66-2084337
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Social House Venue / Event Venue
    • Salazar LLC / Air Conditioning System Supplier

    Property Details for 4183 Wyoga Lake Rd

    Year built
    2006
    Construction
    FRAME
    Lot size
    0.91 lot acres
    Property size
    10,075 SF
    Property type
    Commercial real estate
    APN
    35-00296
    APU
    3500296

    Description

    This exceptional investment opportunity presents a well-maintained, single-story shopping center totaling 10,075 square feet situated on a 0.934-acre lot in Cuyahoga Falls, Ohio. The property, built in 2008, boasts a Class B designation and is currently 100% occupied under a modified lease structure with a multi-tenant configuration. The remaining lease term is three years, providing immediate cash flow. The asking price is $795,000, representing an attractive 8.00% capitalization rate. Located at 4183 Wyoga Lake Rd, zip code 44224, this convenient location offers excellent visibility and accessibility near Route 8, serving the thriving communities of Cuyahoga Falls and Stow. The property is zoned MU-3, allowing for a variety of uses. The single building is comprised of one story and features a total of 10,075 square feet. The property's APN is 3500296. This multi-tenant retail center presents a solid investment opportunity with strong potential for future growth and return. The property's high occupancy rate and strategic location make it an ideal addition to any investment portfolio. Serious inquiries are encouraged.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $350,000

    • CAP approach

      CAP return
      Estimation
      6%
      $525,000
      6.5%
      $500,000
      7%
      $525,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $500,000
      Geo Method
      $445,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $445,000
      Retail
      $445,000
      Mixed-Use
      $530,000
      Hospitality
      $445,000
      Educational
      $455,000
      Residential Income
      $400,000
      Energy
      $400,000
      Income-Based Land
      $435,000
      Food Service
      $490,000

    Location Insight

    • Map
    • Local Demand
    City
    Cuyahoga Falls
    County
    Summit
    State
    Ohio
    Longitude
    -81.4939
    Latitude
    41.1824
    CBSA code
    10420
    CBSA name
    AKRON, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $24,050
    $32,510
    $317,770
    $350,280
    -
    $92,870
    $907,910
    $1,000,780

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    Similar Nearby for Lease

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    Cuyahoga Falls, OH 44224
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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