1255 High StWadsworth, OH 44281

Property Details for 1255 High St

Year built

2022

Lot size

2.04 AC

Property size (Sq ft)

32,416 SF

Property type

Office properties

Property subtype

Office buildings

APN

040-20B-03-048

APU

04020B03048

Description

This exceptional Class A office building at 1255 High St, Wadsworth, Ohio 44281, offers a prime commercial opportunity in Medina County. The newly constructed, two-story building boasts 31,000 square feet of total space, with 7,000 square feet currently available for lease. Suites are divisible to a minimum of 1,500 square feet and can be combined for up to 7,000 contiguous square feet, providing flexibility for businesses of various sizes. The building features a modern design with 9-foot ceilings and includes elevators for convenient access to both floors. Situated on a 2.04-acre lot, the property benefits from its strategic location, providing easy access to major roadways and nearby retail and business amenities. The C5 commercial zoning allows for a wide range of business uses. This is a rare opportunity to secure space in a brand-new, high-quality office building in a thriving Wadsworth submarket. The property is ready for immediate occupancy, presenting a blank canvas for businesses to create their ideal workspace. Building features include one building, a total of 31,000 square feet, and is located in the Wadsworth submarket of Medina County. The APN is 040-20B-03-048.

• CAP approach

  CAP return

  Valuation

  6%

  $6,164,782

  6.5%

  $5,690,568

  7%

  $5,284,098

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,032,193

  Geo Method

  $3,032,193

• Alternative Use

  Use

  Valuation

  Residential

  $7,056,304

  Hospitality

  $6,463,536

  Educational

  $5,377,586

  Medical

  $5,562,530

  Retail

  $8,365,135

Location Insight

City

Wadsworth

County

Medina

State

Ohio

Latitude

41.056

Longitude

-81.7322

CBSA code

17460

CBSA name

CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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