2860 Medina Rd Medina, OH 44256-8275
Property profile & analytics
2860 Medina Rd, Medina, OH 44256-8275
- Turn key restaurants
- 2,664 SF
- 0.52 lot acres
Property ID
US66-0891427
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.
Location Intelligence
Current Use by Public Records
- Turn key restaurants
Property Details for 2860 Medina Rd
- Year built
- 1975
- Lot size
- 0.52 lot acres
- Property type
- Turn key restaurants
- APN
- 030-11B-05-015
- APU
- 03011B05015
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Medina
- County
- Medina
- State
- Ohio
- Longitude
- -81.7902
- Latitude
- 41.1358
- 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
$8,901
$81,220
$61,740
$142,960
-
$232,050
$176,400
$408,450
