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Property profile & analytics
FOR LEASE
Office buildings

201 Water Tower Dr 1st Madison, OH 44057

9,100 SF 2.91 ac lot Built 2004
Entity Owned 6-yr Hold Free & Clear
Property ID
US66-0808567
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2004
Total area 9,100 SF
Lot 2.91 ac (126,803 SF)
APN 02-A-002-0-00-026-0
UPID US66-0808567
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$866k
Blend (final) Blend
$970k
Owner & transaction history
Q Madison LLC · 6 yrs held
Q Madison LLC
since 2019
2 recorded transactions
2019
$525,000
2009
$1.6M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $1.3M +98.3%
Auto repair, garage $765,000 +15.9%
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More about this property
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