Property profile

1920 Georgetown Rd Hudson, OH 44236

FOR LEASE
Office buildings
Property ID
US66-1731345
10,000 SF 5.02 ac lot Built 1989
Entity Owned 5-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 10,000-square-foot medical office building, located at 1920 Georgetown Road in Hudson, Ohio, presents a compelling investment opportunity. The property, built in 1989, is a two-story Class B building situated on a generous 4.91-acre lot, zoned for Industrial/Business Park use. Offering ample space for expansion, the building features 70 surface parking spaces, ensuring convenient access for patients and staff. The interior boasts modern amenities including Cat-5 data wiring and fiber optic capabilities, supporting efficient operations. The building's infrastructure includes a 200-amp main electrical system, a central fire alarm, and a professionally monitored security system. The space is currently configured as a multi-tenant building, with 10,000 square feet available, divisible into 2,500-square-foot units, offering flexibility for various medical practices. Its prime location provides easy access to I-80 Ohio Turnpike and Darrow Road, enhancing visibility and accessibility. This well-maintained property offers a rare combination of size, location, and amenities, making it an ideal investment for healthcare providers or investors seeking a strong return. The property is currently for sale.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1989
Total area 10,000 SF
Lot 5.02 ac (218,671 SF)
APN 30-05948
UPID US66-1731345

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
  • Employment Agency
  • Production Facility
  • Financial Advisor

Location

1920 Georgetown Rd Hudson, OH 44236
Hudson metro Census 533200 AKRON, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$600k
CAP Approach CAP
by Request
Comparable Approach Comparable
$669k
Blend (final) Blend
$545k

Owner & transaction history

since 2021
Last sale
$700,000
5 recorded transactions
2021
$700,000
2018
$775,000
2011
Price N/A
2001
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Auto repair, garage $995,000 +28.1%
Commercial (general) $965,000 +24.5%
Medical building $935,000 +20.6%

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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