Property profile

1920 Medina Rd Medina, OH 44256

OFF-MARKET
Retail space
Property ID
US66-2391289
4,778 SF 1.06 ac lot Built 1940
Entity Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 567-square-foot flex space, located in Medina County, presents a fantastic opportunity for businesses seeking a versatile industrial property. Currently, one unit is available for lease within this well-situated garage. The property is classified as industrial and features a convenient flex space configuration, ideal for a variety of uses. The unit includes one overhead door and one man door, providing easy access for loading and unloading goods. The building's prime location ensures high traffic visibility, a significant advantage for businesses seeking maximum exposure. This makes it an excellent choice for companies needing convenient access and high visibility for their operations. The property's single-space availability makes it perfect for smaller businesses or those requiring a compact yet functional workspace. The "flex" designation highlights the adaptability of the space, allowing for customization to suit specific business needs. The property is situated in Medina County, offering access to a robust local economy and a well-established infrastructure. This is a rare opportunity to secure a well-located, functional industrial space in a desirable area. Interested parties are encouraged to inquire promptly to secure this exceptional property.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1940
Construction WOOD
Total area 4,778 SF
Lot 1.06 ac (46,174 SF)
APN 033-12A-03-015
UPID US66-2391289

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
  • Building Supply
  • (Bike/Boat/Book/etc) Store Building Supply

Location

1920 Medina Rd Medina, OH 44256-9609
Medina metro Census 406000 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$365k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$310k

Owner & transaction history

since 2021
Last sale
$400,000
2 recorded transactions
2021
$400,000
2016
Price N/A

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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