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Property profile & analytics
OFF-MARKET
Retail space

85 Ghent Rd Fairlawn, OH 44333-3322

1,710 SF 0.23 ac lot Built 1996
Individually Owned 22-yr Hold ~ Est. High Equity
Property ID
US66-0207887
Property summary
AI-generated overview

This exceptional 1,710 square foot retail building, situated on a 1.7-acre lot at 85 Ghent Road in Fairlawn, Ohio, presents a compelling investment opportunity. Currently operating at 100% occupancy with a single tenant, this property boasts a strong 5.00% capitalization rate and is priced at $990,000. The building's prime location directly across from Summit Mall ensures high visibility and significant foot traffic, making it an ideal location for a variety of retail uses, including its current use as a daycare and storefront. The property is in excellent condition and features a single building on a substantial lot, offering ample space and potential for future expansion or redevelopment. The property's APN is 0900402 and is located in Summit County, Ohio, zip code 44333. The lease term is currently at zero years, presenting an opportunity for a new lease agreement with favorable terms. This turnkey investment is ready for immediate income generation. The property's versatile nature and strategic location make it a highly attractive investment for both seasoned and new investors seeking a strong return on investment in a thriving Ohio market. The property is zoned for retail use and is easily accessible from major roadways. This is a rare opportunity to acquire a well-maintained, high-performing retail property in a desirable location.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1996
Total area 1,710 SF
Lot 0.23 ac (10,062 SF)
APN 09-00402
UPID US66-0207887
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Richard R Bryson · 22 yrs held
Richard R Bryson
since 2004
2 recorded transactions
2004
$255,000
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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