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Property profile & analytics
FOR LEASE
Industrial properties
387 Medina Rd SR 18 Medina, OH 44256
Entity Owned
14-yr Hold
Free & Clear
Property ID
US66-2716520
For Lease
1 / 62
$225 SF/Yr
387 Medina Rd,Unit SR 18, Medina, OH 44256
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Property summary
AI-generated overview
This exceptional coworking space, located in Granger Township, Ohio, offers 1,657 square feet of immediately available office space within a larger 2,654 square foot building. Situated conveniently between Interstates 77 and 71, along State Route 18, this location provides easy access for clients and employees. The space underwent a complete renovation in 2020, resulting in a beautiful and professional environment perfect for a variety of businesses. Amenities include a shared kitchen area equipped with coffee service, a dedicated conference room, and complimentary high-speed Wi-Fi. The building provides 24/7 access, catering to the flexible needs of modern professionals. Ideal for startups, solopreneurs, virtual salespeople, or anyone seeking a modern alternative to a traditional office setting, this space offers a creative and collaborative atmosphere. The available space is part of a multi-tenant building in Medina County, providing a sense of community while maintaining individual privacy. This turnkey solution offers immediate occupancy and is ready for your business to thrive.
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2002
Total area
21,502 SF
Lot
7.27 ac (316,812 SF)
APN
005-07D-37-080
UPID
US66-2716520
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
GLXY Software (Bike/Boat/Book/etc) Store Corporate Office
-
Riley Hotel Group Property Management Company
-
Ethode Marketing & Advertising (Bike/Boat/Book/etc) Store
-
LightSpeed Hosting Data Center IT Consulting Firm
-
Zufall Financial Services Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$605k
CAP Approach
CAP
$1.24M
Comparable Approach
Comparable
$1.00M
Blend (final)
Blend
$945k
Owner & transaction history
Pride One Route 18 LLC · 14 yrs held
Pride One Route 18 LLC
since 2012
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Medina submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Medina submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$605,000
CAP Approach
CAP Return
Estimation
6%
$1,335,000
6.5%
$1,235,000
7%
$1,145,000
Blend value · Realmo final
$945k
Range $851k – $1.04M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$44 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$59,148
Tax year 2023
Assessed value
$1,265,250
Assessed 2023
Previous assessed
$1,265,250
+0.0% YoY
Effective rate
4.67%
On assessed value
Assessed land
$263,060
Assessed improvement
$1,002,190
Land market value
$751,610
Improvement market value
$2,863,410
Total market value
$3,615,020
Applied tax rate
5.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
For Lease
Year built
2002
Heating
YES
Cooling
YES
Buildings
3
Stories
1
Total area
21,502 SF
Lot
7.27 ac (316,812 SF)
APN
005-07D-37-080
UPID
US66-2716520
Jurisdiction
MEDINA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2002
Heating
YES
Cooling
Yes
Stories
1
Buildings
3
Lot
7.27 ac
Current owner
From public records · entity-resolved
Pride One Route 18 LLC
Entity
Free & Clear · 14 yrs held
Mailing address
387 MEDINA RD STE #600, MEDINA, OH 44256-9674
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 12, 2022
—
Pride One Route 18 LLC
—
Deed
related
—
Jan 20, 2012
—
Pride One Route 18 LLC
Pride One Route 18 LLC
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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