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Property profile & analytics
FOR SALE
Strip malls

8929 State Route 14 Streetsboro, OH 44241

9,600 SF 2.34 ac lot Built 1989
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US66-5943204
Property summary
AI-generated overview

This Streetsboro, Ohio property, located at 8929 State Route 14, offers a compelling investment opportunity. The single-tenant building, constructed in 1989, boasts 1,536 square feet of versatile space situated on a 2.52-acre lot. Currently occupied by a reputable national tenant, Airgas, this property provides immediate rental income. The building features a 576 sq ft front office area and a 960 sq ft warehouse with a 12x14 drive-in door. The property's high-traffic location on State Route 14 in Portage County ensures excellent visibility and accessibility. The property's zoning allows for flexibility in use, making it suitable for a variety of businesses. The ample lot size presents potential for future expansion. The property's Class B designation reflects its solid construction and functionality. With its strong tenant and prime location, this property is an attractive option for investors seeking a stable return and owner-users looking for a high-visibility location. The property's address is 8929 State Route 14, Streetsboro, OH 44241. The APN is 35-057-00-00-047-012. The building is a single-story structure. While the listing mentions parking, the exact number of spaces is not specified. The property is classified as both retail and office.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1989
Total area 9,600 SF
Lot 2.34 ac (101,756 SF)
APN 35-057-00-00-047-012
UPID US66-5943204
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
$520k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$550k
Owner & transaction history
City Of Streetsboro · 6 yrs held
City Of Streetsboro
since 2020
Last sale
$550,000
7 recorded transactions
2020
Price N/A
2018
Price N/A
2011
$550,000
2008
Price N/A
2008
$443,225
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $870,000 +123.3%
Apartment house (5+ units) $820,000 +111.4%
Commercial (general) $695,000 +78.9%
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