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    Property profile & analytics

    302 Court St Medina, OH 44256

    • Motels
    • 3,440 SF
    • 0.26 lot acres
    For Sale
    View listing
    Value Estimation
    Last Sale
    Apr 23, 2024
    $462,800
    Location Intelligence
    Property ID
    US66-0708564
    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.

    Current Use by Public Records

    • GetGo / Gas Station / Convenience Store
    • Towne motel / Motel / Hotel
    • GetGo Gas Station / Gas Station / Convenience Store
    • First National Bank ATM / Atm
    • Coinhub Bitcoin ATM Teller / Atm

    Property Details for 302 Court St

    Year built
    1952
    Lot size
    0.26 lot acres
    Property size
    3,440 SF
    Property type
    Motels
    APN
    028-19B-14-121
    APU
    02819B14121

    Description

    This exceptional commercial property presents a rare opportunity in Medina, Ohio. Located at 302 S Court St, 44256, this development site boasts excellent visibility and accessibility, situated near the Interstate 71 interchange on State Route 18. The property offers two distinct parcels for development: a 2.0-acre outparcel, ideal for immediate development, and an expansive 11.89-acre parcel for future projects. This prime location benefits from high traffic counts and strong demographics. Current nearby businesses include GetGo, Starbucks, and Chipotle, creating a thriving retail environment. A significant advantage is the presence of a massive 85-foot-tall highway pole sign with available advertising space, offering unparalleled visibility for any business. The property is classified as Land and Retail, specifically a Gas Station and Development Site, making it suitable for a variety of commercial uses. This is an exceptional investment opportunity for developers seeking high-impact visibility and a strong tenant base in a rapidly growing area of Medina County. The property's size and location make it an ideal candidate for a variety of retail developments, capitalizing on the high traffic volume generated by the nearby interstate. Don't miss this chance to secure a prominent position in this thriving Medina commercial corridor.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $465,000

    • CAP approach

      CAP return
      Estimation
      6%
      $420,000
      6.5%
      $395,000
      7%
      $410,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $450,000
      Geo Method
      $415,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $465,000
      Retail
      $460,000
      Mixed-Use
      $440,000
      Hospitality
      $425,000
      Educational
      $445,000
      Residential Income
      $445,000
      Energy
      $445,000
      Income-Based Land
      $350,000
      Food Service
      $390,000

    Location Insight

    • Map
    • Local Demand
    City
    Medina
    County
    Medina
    State
    Ohio
    Longitude
    -81.8636
    Latitude
    41.1423
    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
    $5,942
    $56,180
    $45,640
    $101,820
    -
    $160,520
    $130,400
    $290,920

    Comparable in this City

    • Value Estimation
      $355,000
      7.81 Acres

      Medina, OH 44256

      MOTEL • 7.81 Acres
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      View Details
    • Value Estimation
      $300,000
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      6200 Lafayette Rd, Unit 6208

      MOTEL • 777 SF
      6200 Lafayette Rd, Medina, OH 44256-8022
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    • Value Estimation
      $295,000
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      682 Liberty St

      MOTEL • 3,676 SF
      682 Liberty St, Medina, OH 44256-2226
      View Details
    • Value Estimation by Request
      1,600 SF

      2750 Pearl Rd

      MOTEL • 1,600 SF
      2750 Pearl Rd, Medina, OH 44256-7624
      View Details
    • Value Estimation
      $1,040,000
      20,952 SF

      3122 Eastpointe Dr

      MOTEL • 20,952 SF
      3122 Eastpointe Dr, Medina, OH 44256-8235
      View Details
    • Value Estimation
      $260,000
      672 SF

      841 Lafayette Rd

      MOTEL • 672 SF
      841 Lafayette Rd, Medina, OH 44256-2412
      View Details

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    Similar Nearby for Lease

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    302 Court St
    Medina, OH 44256
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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