2001 Cooper Foster Park Rd Amherst, OH 44001-1251
- Investment properties
- 4,389 SF
- 0.57 lot acres
Current Use by Public Records
- Investment properties
Property Details for 2001 Cooper Foster Park Rd
- Year built
- 1971
- Lot size
- 0.57 lot acres
- Property size
- 4,389 SF
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 05-00-041-110-030
- APU
- 500041110030
Description
This exceptional Amherst, OH office property at 2001 COOPER FOSTER PARK Road offers 1,840 square feet of versatile commercial space, ideal for a variety of businesses. Situated on a 0.57-acre lot, the building presents a unique leasing opportunity. Currently configured as two separate spaces (1874 sq ft and 1780 sq ft), the property allows for flexibility. Lessees can choose to occupy the entire 1840 square feet or lease just one side, encompassing 1780 square feet. Furthermore, the space is easily subdividable into four individual units, each approximately 850 square feet, providing adaptability to suit diverse business needs and growth strategies. The monthly lease rate of $2400 includes snow removal and exterior maintenance, ensuring a hassle-free experience. Tenants are responsible for all utility costs. This prime location in Amherst offers excellent visibility and accessibility, making it an attractive option for businesses seeking a well-maintained and adaptable office space. The property's size and layout provide a compelling opportunity for companies looking to establish a strong presence in the Amherst market. Don't miss this chance to secure your ideal office space.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $275,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $275,000
- 6.5%
- $265,000
- 7%
- $250,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $285,000
- Geo Method
- $250,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $265,000
- Retail
- $335,000
- Mixed-Use
- $300,000
- Hospitality
- $250,000
- Educational
- $245,000
- Residential Income
- $305,000
- Energy
- $340,000
- Income-Based Land
- $330,000
- Food Service
- $320,000
Location Insight
- Map
- Local Demand
- City
- Amherst
- County
- Lorain
- State
- Ohio
- Longitude
- -82.2025
- Latitude
- 41.4178
- CBSA code
- 17460
- CBSA name
- CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA