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    8211 Bavaria E Dr Macedonia, OH 44056-2259
    Property profile & analytics

    8211 Bavaria E Dr Macedonia, OH 44056-2259

    View on Map
    • Truck terminals
    • 146,366 SF
    • 13.52 lot acres
    Off-Market
    Property ID
    US66-1911980
    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.
    Value Estimations
    $2,325,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Grainger Distribution Center / Distribution Center / Logistics Company

    Property Details for 8211 Bavaria E Dr

    Year built
    1995
    Lot size
    13.52 lot acres
    Property size
    146,366 SF
    Property type
    Truck terminals
    APN
    33-11009
    APU
    3311009

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Macedonia
    County
    Summit
    State
    Ohio
    Longitude
    -81.469
    Latitude
    41.2874
    CBSA code
    10420
    CBSA name
    AKRON, 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
    $129,317
    $304,640
    $1,794,700
    $2,099,340
    -
    $870,400
    $5,127,700
    $5,998,100

    Comparable in this City

    • Value Estimation
      $2,315,000
      154,736 SF

      1261 Highland E Rd

      TRUCK TERMINAL (MOTOR FREIGHT) • 154,736 SF
      1261 Highland E Rd, Macedonia, OH 44056-2333
      View Details
    • Value Estimation
      $2,155,000
      61,970 SF

      8271 Bavaria E Dr

      MANUFACTURING (LIGHT) • 61,970 SF
      8271 Bavaria E Dr, Macedonia, OH 44056-2259
      View Details
    • Value Estimation
      $2,235,000
      62,263 SF

      8220 Bavaria E Dr

      MANUFACTURING (LIGHT) • 62,263 SF
      8220 Bavaria E Dr, Macedonia, OH 44056-2248
      View Details
    • Value Estimation
      $855,000
      23,755 SF

      8531 Fwy Dr

      LIGHT INDUSTRIAL • 23,755 SF
      8531 Fwy Dr, Macedonia, OH 44056-1534
      View Details
    • Value Estimation by Request
      7,740 SF

      8601 Fwy Dr

      MANUFACTURING (LIGHT) • 7,740 SF
      8601 Fwy Dr, Macedonia, OH 44056-1535
      View Details
    • Value Estimation
      $2,965,000
      107,308 SF

      8705 Fwy Dr, Unit 8735

      HEAVY MANUFACTURING • 107,308 SF
      8705 Fwy Dr, Macedonia, OH 44056-1505
      View Details

    Similar Nearby for Sale

    • Contact for pricing

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      Macedonia Development Opportunity

      Land ready for professional services or retail development.
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      Macedonia Industrial Land Opportunity

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      Macedonia Land Ready to Build

      0.90-acre site near I-271 and SR-8 with high visibility.
      240 Highland Rd E, Macedonia, OH 44056
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      Contiguous Land Parcels For Sale

      Two contiguous land parcels with potential rail access and expressway access.
      1438 Highland Rd E, Macedonia, OH 44056
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    Similar Nearby for Lease

    • $6 SF/Yr
      24,024 SF

      Macedonia Warehouse with Route Access

      Warehouse space with convenient access to major routes.
      7791 Capital Blvd, Macedonia, OH 44056
      View Details
    • Contact for pricing

      Macedonia Industrial Complex For Rent

      146,250 SF industrial complex with manufacturing amenities on 6.35 acres.
      720 Highland Rd, Macedonia, OH 44056
      View Details
    • Contact for pricing

      Twinsburg/Macedonia Office/Warehouse Building

      Classy office/warehouse building in Twinsburg/Macedonia market.
      1333 Highland Rd, Macedonia, OH 44056
      View Details
    • Contact for pricing

      Retail Anchor Space Available

      21,555 SF anchor space with maximum visibility and access.
      500 E Aurora Rd, Macedonia, OH 44056
      View Details
    • Contact for pricing
      2,465 SF

      Retail Space in Macedonia Commons

      Retail space available in a dynamic shopping center.
      8161 Macedonia Commons Blvd, Macedonia, OH 44056
      View Details
    • Contact for pricing

      Retail Space in High-Traffic Area

      600 SF retail space in Macedonia, high visibility location.
      864 East Aurora Rd, Macedonia, OH 44056
      View Details
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    Macedonia, OH 44056-2259
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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