3300 Greenwich Rd Norton, OH 44203
- Strip malls
- 24,700 SF
- 5.65 lot acres
Current Use by Public Records
- Strip malls
Property Details for 3300 Greenwich Rd
- Year built
- 2005
- Lot size
- 5.65 lot acres
- Property size
- 24,700 SF
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 46-08664
- APU
- 4608664
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $495,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $605,000
- 6.5%
- $610,000
- 7%
- $640,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $730,000
- Geo Method
- $645,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $635,000
- Retail
- $565,000
- Mixed-Use
- $690,000
- Hospitality
- $660,000
- Educational
- $565,000
- Residential Income
- $575,000
- Energy
- $750,000
- Income-Based Land
- $620,000
- Food Service
- $755,000
Location Insight
- Map
- Local Demand
- City
- Norton
- County
- Summit
- State
- Ohio
- Longitude
- -81.6444
- Latitude
- 41.0252
- CBSA code
- 10420
- CBSA name
- AKRON, OH METROPOLITAN STATISTICAL AREA