360 Center St Seville, OH 44273
- Retail space
- 6,417 SF
- 11.81 lot acres
Current Use by Public Records
- Sheetz / Convenience Store / Beer Store
- PNC ATM / Atm
Property Details for 360 Center St
- Year built
- 2022
- Lot size
- 11.81 lot acres
- Property size
- 6,417 SF
- Property type
- Retail space
- APN
- 012-21A-04-049
- APU
- 01221A04049
Description
This exceptional 3.93-acre commercial land parcel presents a unique investment opportunity in Seville, Ohio. Ideally situated as an outparcel of the new, 1.1 million-square-foot Northeast Ohio Logistics Center, this site benefits from its adjacency to a newly constructed Sheetz convenience store, ensuring high visibility and accessibility. The property is zoned Local Commercial (LC), making it suitable for a variety of retail developments. Its strategic location offers unparalleled exposure to significant traffic volumes: Wooster Pike boasts 10,342 vehicles per day (VPD), while I-76 sees 31,004 VPD, according to Ohio Department of Transportation (ODOT) data. Furthermore, a robust daytime population of 205,762 individuals resides within a 20-minute drive, providing a substantial customer base for any retail venture. This site is in Medina County, Ohio, with the address being 360 Center St, Seville, OH 44273. The location offers excellent access to major transportation arteries, making it an attractive destination for businesses and consumers alike. This is a rare opportunity to acquire a high-traffic, well-located commercial land parcel in a rapidly growing area. Don't miss this chance to capitalize on the potential of this prime development site.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,205,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,340,000
- 6.5%
- $1,215,000
- 7%
- $1,310,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,235,000
- Geo Method
- $1,285,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,275,000
- Retail
- $995,000
- Mixed-Use
- $1,125,000
- Hospitality
- $1,125,000
- Educational
- $1,150,000
- Residential Income
- $1,390,000
- Energy
- $1,095,000
- Income-Based Land
- $1,115,000
- Food Service
- $1,150,000
Location Insight
- Map
- Local Demand
- City
- Seville
- County
- Medina
- State
- Ohio
- Longitude
- -81.8623
- Latitude
- 41.0317
- CBSA code
- 17460
- CBSA name
- CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA