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Property profile

200 Smokerise Dr Wadsworth, OH 44281

OFF-MARKET
Office buildings
Property ID
US66-2204034
14,145 SF 1.83 ac lot Built 1987
Entity Owned 8-yr Hold ~ Est. High Equity

Property summary

AI-generated overview

This exceptional office property, located at 200 West Smokerise Drive in Wadsworth, Ohio, 44281, offers two immediately available suites ideal for businesses seeking a professional and efficient workspace. The building, a Class B property constructed in 1987, boasts a total of 18,256 square feet and features a multi-tenant occupancy. The available suites provide ample space, with one measuring 990 square feet and the other 1,300 square feet. Both suites benefit from abundant natural light thanks to their generous window placement. The property's location in Wadsworth, Medina County, Ohio, offers easy access to local amenities and transportation routes. The building is well-maintained and presents a positive image for any business. Current tenants include established local businesses, demonstrating the property's appeal and stability. This is a fantastic opportunity for businesses seeking high-quality office space in a desirable location. The property is categorized as both Executive and Traditional Office space, catering to a variety of business needs. Contact us today to schedule a viewing and secure your ideal office suite.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1987
Construction TYPE NOT SPECIFIED
Total area 14,145 SF
Lot 1.83 ac (79,715 SF)
APN 040-20A-03-081
UPID US66-2204034

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
  • Property Management Company Real Estate Agency
  • Corporate Office
  • Physician
  • Physician
  • Department Store

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.11M
Blend (final) Blend
$860k

Owner & transaction history

since 2018
2 recorded transactions
2018
Price N/A
2001
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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