Property profile

1000 Seville Rd Wadsworth, OH 44281

FOR LEASE
Office buildings
Property ID
US66-4279564
6,383 SF 22.01 ac lot Built 1996
Entity Owned 9-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 110,300-square-foot industrial warehouse, situated on a generous 22-acre lot in Medina County's Akron submarket (Wadsworth, Canton, Seville cluster), presents a compelling investment opportunity. Built in 1970 and extensively renovated in 2023, this Class C property boasts a single-story design with impressive ceiling heights ranging from 28 to 40 feet. The warehouse features eight loading docks, one drive-in door, and ample parking for 265 vehicles, ensuring efficient operations and convenient access. Currently configured for multiple tenants, a significant portion (16,400 square feet) is available for sublease, offering fully racked storage space ideal for various distribution needs. The property's strategic location near major highways provides excellent connectivity for regional and national distribution. The zoning is designated as Industrial, reflecting its suitability for a wide range of industrial and warehousing uses. This property offers a unique blend of established infrastructure and recent upgrades, making it an attractive option for businesses seeking a well-maintained and strategically located warehouse space. The 16,400 square foot sublease space includes one overhead door and two dock doors.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1996
Total area 6,383 SF
Lot 22.01 ac (958,538 SF)
APN 040-20C-12-037
UPID US66-4279564

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Parts Store
  • Auto Parts Store

Location

1000 Seville Rd Wadsworth, OH 44281
Wadsworth metro Census 417300 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$920k
Blend (final) Blend
$900k

Owner & transaction history

since 2016
3 recorded transactions
2025
Price N/A
2022
Price N/A
2016
$10.0M

Zoning & alternative use

Top alternative use upside
Restaurant $1.3M +82.9%
Medical building $1.1M +56.1%
Commercial (general) $765,000 +11.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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