345 State Rd Medina, OH 44256-1405
Property profile & analytics
345 State Rd Medina, OH 44256-1405
- Warehouses
- 39,555 SF
- 2.17 lot acres
Property ID
US66-0132002
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
- Warehouses
Property Details for 345 State Rd
- Year built
- 1974
- Lot size
- 2.17 lot acres
- Property size
- 39,555 SF
- Property type
- Warehouses
- Property subtype
- Self storage facilities
- APN
- 029-19A-16-002
- APU
- 02919A16002
Description
This exceptional 53,066 square foot industrial building in Medina, Ohio, presents a rare opportunity. The property boasts 3,612 square feet of office space spread across two floors, including ten private offices, two bathrooms, a bullpen area, a reception area, and two conference rooms. The expansive 49,454 square foot warehouse comprises three bays with ceiling heights ranging from 12 to 15 feet, offering ample storage and operational space. Four total bays are available, including a clear span design. Three dock-high doors (two 10'x10' and one 9'x10') and additional loading options include two 10'x10' box truck level doors and one 10'x14' drive-in door enhance functionality. The manufacturing area features air lines throughout, two shop bathrooms, a kitchen, a shower, and two air-conditioned shop offices. A significant advantage is the rail access, though the spur would require activation. The building is equipped with a wet sprinkler system throughout the office and warehouse areas, except for a 10,000 square foot rear bay. Power is robust, featuring 3-phase, 480-volt, 1,200-amp service. Fiber optic capabilities are available on-site. The property sits on approximately 2.76 acres and is currently vacant. This is an ideal location for a variety of industrial uses.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,575,000
Market price range: $2.58M - $6.74M -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $3,795,000 Current use
- RETAIL STORES
- $5,660,000 Change: +49% Conversion: Moderate
- COMMERCIAL (GENERAL)
- $4,740,000 Change: +25% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $4,630,000 Change: +22% Conversion: Easy
- OFFICE BUILDING
- $4,315,000 Change: +14% Conversion: Difficult
- INDUSTRIAL (GENERAL)
- $3,460,000 Change: -9% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Medina
- County
- Medina
- State
- Ohio
- Longitude
- -81.8791
- Latitude
- 41.145
- 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
$10,441
$51,860
$179,270
$231,130
-
$148,180
$512,210
$660,390
