Property profile

360 Center St Seville, OH 44273

FOR SALE
Retail space
Property ID
US66-0173212
6,417 SF 11.81 ac lot Built 2022
Entity Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 3.93-acre commercial land parcel presents a unique investment opportunity in Seville, Ohio. Ideally situated as an outparcel of the new, 1.1 million-square-foot Northeast Ohio Logistics Center, this site benefits from its adjacency to a newly constructed Sheetz convenience store, ensuring high visibility and accessibility. The property is zoned Local Commercial (LC), making it suitable for a variety of retail developments. Its strategic location offers unparalleled exposure to significant traffic volumes: Wooster Pike boasts 10,342 vehicles per day (VPD), while I-76 sees 31,004 VPD, according to Ohio Department of Transportation (ODOT) data. Furthermore, a robust daytime population of 205,762 individuals resides within a 20-minute drive, providing a substantial customer base for any retail venture. This site is in Medina County, Ohio, with the address being 360 Center St, Seville, OH 44273. The location offers excellent access to major transportation arteries, making it an attractive destination for businesses and consumers alike. This is a rare opportunity to acquire a high-traffic, well-located commercial land parcel in a rapidly growing area. Don't miss this chance to capitalize on the potential of this prime development site.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2022
Total area 6,417 SF
Lot 11.81 ac (514,661 SF)
APN 012-21A-04-049
UPID US66-0173212

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
  • Grocery & Convenience Store
  • Atm

Location

360 Center St Seville, OH 44273
Seville metro Census 413000 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.15M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.02M
Blend (final) Blend
$1.21M

Owner & transaction history

since 2022
Last sale
$1.2M
1 recorded transaction
2022
$1.2M

Zoning & alternative use

Top alternative use upside
Restaurant $1.3M +88.1%
Medical building $1.1M +60.6%
Commercial (general) $770,000 +14.9%

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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