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Property profile & analytics
OFF-MARKET Estimated value $1,000,000
Medical Office Space

2640 Market St Fairlawn, OH 44333-4202

24,640 SF 1.53 ac lot Built 1991
Entity Owned 7-yr Hold ~ Est. High Equity
Property ID
US66-0519162
Property summary
AI-generated overview

This exceptional Fairlawn office building offers three available units, ranging from 1,175 to 3,000 square feet, providing flexible options for various business needs. The building boasts excellent visibility directly on West Market Street, enhanced by prominent monument signage ensuring maximum exposure. Significant updates have already been implemented throughout the building, with further upgrades planned. Unit 101B is fully built out as a medical office, featuring a reception area with window, seven exam rooms, two ADA-compliant restrooms, and a small lobby. The top-floor unit, 301, offers a similar layout but with a smaller footprint. A third unit, located on the second floor, presents a modern, updated space ideal for an open-plan office configuration. This unit includes a quiet room, a kitchen, and an additional smaller office. The building's prime location and the quality of the available spaces make this an attractive opportunity for businesses seeking a well-maintained and highly visible office environment in Fairlawn. The building's strategic location and recent improvements create a compelling opportunity for businesses seeking a professional and efficient workspace.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1991
Total area 24,640 SF
Lot 1.53 ac (66,647 SF)
APN 09-03541
UPID US66-0519162
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
$1.05M
Blend (final) Blend
$1.00M
Owner & transaction history
Maxim Holdings LLC · 7 yrs held
Maxim Holdings LLC
since 2019
7 recorded transactions
2019
$1.2M
2018
$1.2M
2018
Price N/A
2009
Price N/A
2008
Price N/A
1999
$2.3M
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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