343 Northmoreland Ave Munroe Falls, OH 44262-1727
This unique 2,862 square foot office building, situated on a 0.51-acre lot in Munroe Falls, Ohio, presents a compelling investment opportunity. Currently configured as office/lab space, the property boasts a wide-open interior spanning two levels, offering ample flexibility for diverse uses. The building features an overhead door capability and a large parking lot, enhancing its practicality and appeal. Located at 343 Northmoreland Ave, 44262, this property is zoned R-3, meaning any future use will require Munroe Falls zoning approval. The asking price is $199,000, translating to $69.53 per square foot. This presents a rare chance to acquire a versatile commercial property in a desirable location with significant potential for redevelopment or adaptation to suit a variety of business needs. The property's size and features make it suitable for a range of commercial ventures, subject to zoning approval. The ample parking and convenient location add to its overall attractiveness. Serious inquiries are encouraged to explore the possibilities this property offers.
-
Summit Orthodontic Services, Inc Dental Office
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.