Property profile

3300 Greenwich Rd Norton, OH 44203

OFF-MARKET
Strip malls
Property ID
US66-1143488
24,700 SF 5.65 ac lot Built 2005
Entity Owned 21-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional commercial property, located at 3300 Greenwich Rd in Norton, Ohio (Summit County, zip code 44203), offers a unique investment opportunity. The property, part of the Columbia Woods Health & Wellness center, boasts a total building size of 25,000 square feet, with 6,239 square feet currently vacant and available for lease. The land area ranges from 0.49 to 0.94 acres, providing ample space for expansion or additional development. The building features excellent curb appeal and abundant parking, ensuring convenient access for patients and staff. Its strategic location offers exceptional visibility and easy access to I-76, a major transportation artery. The property is situated adjacent to the thriving Columbia Woods health and wellness center, which includes tenants such as Snap Fitness, Pioneer Physicians Network, US Renal Care, Athletico Physical Therapy, The Medicine Shoppe Pharmacy, and Peoples Bank. This established medical hub provides a synergistic environment and a strong base of potential clientele. The property's classification includes Retail, Office, and Land designations, offering flexibility for various commercial uses. Three spaces are currently available, ranging in size from 6,239 to 40,946 square feet, catering to a variety of business needs. The property's proximity to Norton Acme Plaza further enhances its desirability and accessibility. This is an ideal location for medical practices, retail businesses, or other commercial ventures seeking high visibility and a thriving community setting.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2005
Total area 24,700 SF
Lot 5.65 ac (246,288 SF)
APN 46-08664
UPID US66-1143488

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
  • Pediatrician Physician
  • Pediatrician Physician
  • Medical Clinic
  • Pediatrician Physician
  • Physician

Location

3300 Greenwich Rd Norton, OH 44203-5780
Norton metro Census 532001 AKRON, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.32M
Blend (final) Blend
$495k

Owner & transaction history

since 2005
1 recorded transaction
2005
Price N/A

Zoning & alternative use

Top alternative use upside
Restaurant $2.8M +19.2%
Commercial (general) $2.7M +16.6%
Auto repair, garage $2.5M +6.4%

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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