85 Ghent Rd Fairlawn, OH 44333-3322
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.