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3745 Medina Rd Ste A Medina, OH 44256-9510

OFF-MARKET Office buildings Google Maps
2,372 SF 0 ac lot Built 2004
Entity Owned 6-yr Hold ~ Est. High Equity
Estimated value (blended)
$260k
Range $234k – $286k (±10%)
Property ID US66-0705994

Property summary

AI-generated overview

This exceptional Medina office space, located at 3745 Medina Road, Unit D, is available for both sale and lease. Boasting a convenient location within walking distance of numerous amenities including restaurants, a dry cleaner, fitness center, and hair salons, this property offers unparalleled convenience for employees. The office suite features a well-equipped kitchenette, a dedicated conference room, and a private bathroom, creating a comfortable and productive work environment. Most of the existing furnishings are available, ensuring a smooth transition for new occupants. The building benefits from recent upgrades, including a new roof installed in the fall of 2023, demonstrating the owner's commitment to maintaining a high-quality property. The property sits on a 0.03-acre lot. Lease terms are offered as a triple net lease, providing tenants with flexibility and transparency in managing operational costs. Alternatively, the property is available for purchase, presenting a strong investment opportunity in a thriving commercial area. This is an ideal opportunity for businesses seeking a well-maintained, conveniently located office space in Medina, Ohio. Whether you're looking for a long-term lease or a valuable commercial property acquisition, this listing presents a compelling option. The asking price for purchase is $280,000.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2004
Total area 2,372 SF
Lot 0 ac (44 SF)
APN 026-06D-32-222
UPID US66-0705994

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
  • Film Production Television Studio
  • Construction Company General Contractor
  • Real Estate Agency
  • Employment Agency Business Service Center
  • Employment Agency

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$260k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$260k

Owner & transaction history

since 2019
3 recorded transactions
2019
$340,000
2012
$199,334
2011
Price N/A

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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