2860 Medina Rd Medina, OH 44256-8275
This exceptional 2,664 square foot retail property, located at 2860 Medina Road in Medina, Ohio, presents a unique investment opportunity. Situated on a 0.52-acre lot, this single-tenant building boasts a prime location in the heart of Medina County, an area experiencing significant redevelopment. The property, built in 1975, is classified as Class B and features a single-story structure. While the building currently has no designated parking spaces, its central location offers convenient access to ample public parking. The property's previous use as a long-standing restaurant/deli leaves behind some existing kitchen equipment, making it ideally suited for a restaurant or similar retail venture. The property's APN is 03011B05015. This is a motivated seller situation, offering a chance to acquire a vacant retail space in a thriving and evolving commercial district. The property is conveniently located near a variety of other restaurants, retail establishments, and hospitality businesses, ensuring high visibility and foot traffic. This presents a rare chance to establish a business in a dynamic and growing area of Medina County. The property's single-tenant occupancy simplifies management and provides a clear focus for potential buyers. The existing infrastructure and some remaining kitchen equipment offer significant cost savings for a new tenant. This is an excellent opportunity for an investor or business owner seeking a well-located, adaptable space in a revitalizing commercial zone. The zip code is 44256.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.