Property profile

4983 Rdg Rd Wadsworth, OH 44281

OFF-MARKET
Retail space
Property ID
US66-2406599
9,000 SF 2.77 ac lot Built 2022
Individually Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

The property is a flex space building with a total area of 3,000 square feet, with Unit D comprising that space. Unit D includes one private restroom, a 10' x 12' drive-in door, and 12' ceiling heights. The site provides 600 AMP service with 208 V power, and the premises are configured for convenient access to major highways, located approximately 3 miles from I-71 and 4.6 miles from I-77. The zoning is Granger Township C-1, and parking is shared. Signage is available.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2022
Total area 9,000 SF
Lot 2.77 ac (120,661 SF)
APN 005-07D-34-004
UPID US66-2406599

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
  • Insurance Agency
  • Crisis Center Medical Clinic
  • Construction Company General Contractor
  • Gym & Fitness Center
  • (Bike/Boat/Book/etc) Store Printing Service

Location

4983 Rdg Rd Wadsworth, OH 44281-9738
Wadsworth metro Census 405000 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$550k
Comparable Approach Comparable
$771k
Blend (final) Blend
$340k

Owner & transaction history

since 2023
5 recorded transactions
2024
Price N/A
2023
Price N/A
2016
Price N/A
2016
$380,000
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $1.1M +76.9%
Auto repair, garage $1.1M +76.8%
Office building $965,000 +58.5%

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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