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    Property profile & analytics

    4995 Park W Ave, Unit 5001 Seville, OH 44273-9377

    • Office buildings
    • 4,032 SF
    • 0.81 lot acres
    OFF-MARKET
    Value Estimation
    $235,000
    Last Sale
    Aug 05, 2021
    $300,000
    Location Intelligence
    Property ID
    US66-3947401
    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.

    Current Use by Public Records

    • Office buildings

    Property Details for 4995 Park W Ave

    Year built
    1999
    Construction
    WOOD
    Lot size
    0.81 lot acres
    Property size
    4,032 SF
    Property type
    Office buildings
    APN
    012-21A-02-021
    APU
    01221A02021

    Description

    This exceptional one-story office building, totaling 4,032 square feet, presents a fantastic opportunity in Seville, Ohio. Constructed in 1999 and renovated in 2013, the property boasts a desirable Class B rating and offers immediate occupancy for a variety of office uses, including traditional, executive, and creative office spaces. Currently, there are three suites available, with vacant space totaling 1,100 square feet, and additional space potentially available. The building sits on a 0.81-acre lot providing ample parking for tenants and visitors. Its strategic location near the intersection of Park Ave W and Route 3 ensures easy access to major highways, including I-71 and I-76, providing convenient commutes to Medina, Akron, Cleveland, and other surrounding areas. The property features a convenient location for businesses needing access to multiple major cities. Utilities are the responsibility of the tenant. This is an excellent opportunity for businesses seeking a well-maintained, conveniently located office space in a thriving Medina County submarket.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $235,000

    • CAP approach

      CAP return
      Estimation
      6%
      $235,000
      6.5%
      $215,000
      7%
      $205,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $205,000
      Geo Method
      $180,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $220,000
      Retail
      $205,000
      Mixed-Use
      $280,000
      Hospitality
      $280,000
      Educational
      $235,000
      Residential Income
      $240,000
      Energy
      $240,000
      Income-Based Land
      $220,000
      Food Service
      $265,000

    Location Insight

    • Map
    • Local Demand
    City
    Seville
    County
    Medina
    State
    Ohio
    Longitude
    -81.869
    Latitude
    41.0346
    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
    $7,081
    $28,160
    $115,000
    $143,160
    -
    $80,460
    $328,580
    $409,040

    Comparable in this City

    • Value Estimation by Request
      280 SF

      Main St

      OFFICE BUILDING • 280 SF
      Main St, Seville, OH 44273
      View Details
    • Value Estimation
      $1,310,000
      41,210 SF

      4940 Enterprise Pkwy

      OFFICE BUILDING • 41,210 SF
      4940 Enterprise Pkwy, Seville, OH 44273-8929
      View Details
    • Value Estimation
      $295,000
      11,450 SF

      1043 Park W Ave

      OFFICE BUILDING • 11,450 SF
      1043 Park W Ave, Seville, OH 44273
      View Details
    • Value Estimation by Request
      1,584 SF

      50 Ctr St

      OFFICE BUILDING • 1,584 SF
      50 Ctr St, Seville, OH 44273-9501
      View Details
    • Value Estimation
      $210,000
      2,068 SF

      62 Ctr St

      OFFICE BUILDING • 2,068 SF
      62 Ctr St, Seville, OH 44273-9502
      View Details
    • Value Estimation
      $520,000
      12,000 SF

      8845 Lk Rd

      OFFICE BUILDING • 12,000 SF
      8845 Lk Rd, Seville, OH 44273-9545
      View Details

    Similar Nearby for Sale

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      Wooster Pike Restaurant Opportunity

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    Similar Nearby for Lease

    • $12 SF/Yr
      3,000 SF

      Retail Space in Homestead Plaza

      Retail space available in Homestead Plaza with high visibility.
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      View Details
    • $4 SF/Yr
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      Industrial property for lease with highway access and ample parking.
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    • $1,100 /Mo
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      Retail Space in Seville, OH

      Retail space available for lease in Seville, Ohio.
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    • Contact for pricing
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      Wooster Pike Retail Opportunity

      Freestanding Restaurant, Drive-Thru Available
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    • Contact for pricing
      140,314 SF

      Turnkey Cross-Dock Warehouse Facility

      140,314 SF cross-dock facility with ample parking.
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      View Details
    • $16 SF/Yr
      3,000 SF

      Homestead Plaza Retail Space Available

      High-visibility retail space, Medina County.
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      View Details
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    Seville, OH 44273-9377
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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