4591 Streetsboro RdRichfield, OH 44286

Property Details for 4591 Streetsboro Rd

Year built

1920

Construction

FRAME

Lot size

0.25 AC

Property size (Sq ft)

2,104 SF

Property type

Healthcare properties

Property subtype

Medical offices

APN

50-00651

APU

5000651

Description

This exceptional 0.25-acre property at 4591 W Streetsboro Road, Richfield, OH, presents a unique investment opportunity. Priced at $168,000, this building offers significant potential for redevelopment. The property boasts ample parking, including a two-car garage, providing convenient access for clients and employees. Importantly, the building is wheelchair accessible, ensuring compliance with ADA standards and broadening its appeal to a wider range of potential tenants. The first floor has been completely gutted, offering a blank canvas for a customized office space design. This allows for complete flexibility in creating a layout perfectly suited to your specific business needs. Previously used as a dental office, the building's existing infrastructure could provide a solid foundation for a similar medical practice or a variety of other office uses. Its central location in Richfield offers excellent visibility and accessibility, making it an attractive proposition for businesses seeking a prominent presence in the community. The large lot size also provides additional opportunities for expansion or outdoor amenities. This is a rare chance to acquire a versatile property with significant upside potential in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $400,133

  6.5%

  $369,353

  7%

  $342,971

• Comparable approach

  Method

  Valuation

  Relative Method

  $196,808

  Geo Method

  $196,808

• Alternative Use

  Use

  Valuation

  Residential

  $457,998

  Hospitality

  $419,524

  Educational

  $349,039

  Medical

  $361,043

  Retail

  $542,949

Location Insight

City

Richfield

County

Summit

State

Ohio

Latitude

41.24

Longitude

-81.6529

CBSA code

10420

CBSA name

AKRON, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at support@realmo.com and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at support@realmo.com.