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    201 Water Tower Dr, Unit 1RST Madison, OH 44057

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    201 Water Tower Dr, Unit 1RST Madison, OH 44057


    • Office buildings
    • 9,100 SF
    • 2.91 lot acres
    Flexible Workspace Solutions Available For Lease
    $970,000
    10,764 SF

    Flexible Workspace Solutions Available

    Global network of workspaces with tailored options for various needs.

    201 Water Tower Dr, 1rst Floor, Madison, OH 44057
    View Listing
    Property ID
    US66-0808567
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office buildings

    Property Details for 201 Water Tower Dr

    Year built
    2004
    Lot size
    2.91 lot acres
    Property size
    9,100 SF
    Property type
    Office buildings
    APN
    02-A-002-0-00-026-0
    APU
    02A0020000260

    Description

    Located at 201 Water Tower Dr in Madison, Ohio (zip code 44057, Lake County), this exceptional office space offers a diverse range of options to suit various business needs. The property provides traditional office suites, executive offices, coworking spaces, medical offices, and creative office environments, all within a single location. Businesses can choose from fully furnished and equipped private offices, scalable from single-person setups to large corporate spaces, tailored to specific requirements. These offices include a benefits program with exclusive discounts and procurement support. For a more collaborative approach, coworking options are available, offering both dedicated desks and hot-desking arrangements. Meeting rooms of various sizes are also available for rent, catering to informal chats or formal presentations, conferences, and training sessions. Furthermore, virtual office solutions are offered, providing prestigious business addresses, mail handling, and virtual assistant services, including access to office space for a limited number of days per month. Flexible working plans provide access to a global network of workspaces, allowing for seamless transitions between locations. The property's adaptable spaces cater to businesses of all sizes, with options ranging from small offices to large-scale corporate headquarters. Inquire today to explore the possibilities and find the perfect workspace to support your business growth.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $865,000
      Market price range: $371k - $1.05M
      AI Estimate
      $855,000
      Market price range: $343k - $954k
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $660,000
      Current use
      RESTAURANT
      $1,305,000
      Change: +98% Conversion: Moderate
      AUTO REPAIR, GARAGE
      $765,000
      Change: +16% Conversion: Difficult
      MEDICAL BUILDING
      $640,000
      Change: -3% Conversion: Easy
      COMMERCIAL (GENERAL)
      $610,000
      Change: -7% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Lake
    State
    Ohio
    Longitude
    -81.0507
    Latitude
    41.7594
    CBSA code
    17460
    CBSA name
    CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $16,810
    $64,160
    $145,470
    $209,630
    -
    $183,320
    $415,620
    $598,940
    View Listing
    More about this property
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