4336 Brecksville RdRichfield, OH 44286

Property Details for 4336 Brecksville Rd

Year built

1963

Construction

FRAME

Lot size

1.92 AC

Property size (Sq ft)

11,092 SF

Property type

Healthcare properties

Property subtype

Medical offices

APN

50-00048

APU

5000048

Description

This exceptional single-story commercial property, located at 4336 Brecksville Rd in Richfield, Ohio, presents a unique investment opportunity. Built in 1963, this Class C building offers a total of 1,800 square feet of versatile space, ideal for a variety of office and retail uses. The property sits on a generous 2-acre lot, providing ample room for expansion or outdoor amenities. Currently configured for multiple tenants, the building offers flexibility for various business needs. The zoning is R-2, allowing for a range of potential uses. The property features 55 parking spaces, ensuring convenient access for employees and customers. The building's location in Summit County, Ohio, with a Richfield zip code of 44286, provides easy access to major transportation routes and a thriving local community. The property's APN is 5000048. This is a rare opportunity to acquire a well-situated commercial property with significant potential for growth and return on investment. The building's single-story design and ample parking make it highly attractive to a wide range of businesses. The existing space is ready for immediate occupancy, offering a quick path to generating income. Don't miss this chance to own a piece of Richfield's commercial landscape.

• CAP approach

  CAP return

  Valuation

  6%

  $2,109,445

  6.5%

  $1,947,180

  7%

  $1,808,096

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,037,546

  Geo Method

  $1,037,546

• Alternative Use

  Use

  Valuation

  Residential

  $2,414,503

  Hospitality

  $2,211,672

  Educational

  $1,840,085

  Medical

  $1,903,368

  Retail

  $2,862,354

Location Insight

City

Richfield

County

Summit

State

Ohio

Latitude

41.253

Longitude

-81.6353

CBSA code

10420

CBSA name

AKRON, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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