Technical
Financial
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Property profile

207 Ct St Medina, OH 44256

OFF-MARKET
Drug stores
Property ID
US66-5923974
11,077 SF 1.34 ac lot Built 1999
Individually Owned 1-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 11,077-square-foot retail building presents a compelling investment opportunity in the heart of Medina, Ohio. Built in 1999, this Class B property sits on a 1.34-acre lot and boasts a versatile C-2 zoning designation, allowing for a variety of retail uses, including convenience store, pharmacy/drug store, or restaurant. Currently vacant, this high-visibility property offers ample space for customization and significant potential for strong customer traffic. Its prime location near Medina's historic district ensures high visibility and accessibility, benefiting from the area's blend of historic charm and modern conveniences. The property's strategic positioning near Medina Square and the Medina County Courthouse provides easy access to a range of amenities and attractions, capitalizing on the thriving local economy and strong sense of community. The asking price is $3,490,000, translating to $315.07 per square foot. This represents a solid foundation for retail success in a desirable Ohio location. The property's modern design and ample space make it an ideal free-standing building investment, ready for a new tenant to capitalize on its prime location and versatile layout. The 1999 construction ensures contemporary appeal, while the substantial lot size provides ample room for expansion or additional development. This is a rare opportunity to acquire a well-located, versatile retail property in a thriving Ohio market.

Property profile

Verified
Property type Drug stores
Use group DRUG STORE, PHARMACY
Year built 1999
Construction TYPE NOT SPECIFIED
Total area 11,077 SF
Lot 1.34 ac (58,370 SF)
APN 028-19A-21-364
UPID US66-5923974

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
  • Pharmacy
  • Pharmacy
  • Pharmacy
  • Physician
  • Pharmacy

Location

207 Ct St Medina, OH 44256-1963
Medina metro Census 408101 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.27M
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.33M
Blend (final) Blend
$2.33M

Owner & transaction history

since 2024
Last sale
$2.8M
1 recorded transaction
2024
Price N/A

Zoning & alternative use

Top alternative use upside
Restaurant $2.2M +37.1%
Medical building $1.9M +17.0%

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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