951 Wooster Rd Barberton, OH 44203
- Manufacturing properties
- 88,438 SF
- 0.33 lot acres
Current Use by Public Records
- Manufacturing properties
Property Details for 951 Wooster Rd
- Year built
- 1900
- Lot size
- 0.33 lot acres
- Property size
- 88,438 SF
- Property type
- Manufacturing properties
- APN
- 01-11324
- APU
- 111324
Description
This exceptional investment opportunity encompasses a 87,806 square foot multi-tenant industrial property located at 951 Wooster Rd N, Barberton, Ohio, 44203. The property consists of four, single-story buildings situated on a 2.102-acre lot. Built in 1970, the Class B property is zoned I-1 and features a diverse tenant base. The buildings offer significant space for various industrial uses, including warehousing and manufacturing. The property's APN numbers are 0111324, 0111326, 0111327, 0111338, and 0111331. This is an ideal investment for those seeking a strong return in the Barberton, Ohio market. The asking price for this substantial industrial portfolio is $1,900,000. The property is currently occupied by multiple tenants. This presents a compelling opportunity for investors seeking a stable, income-generating asset in a prime industrial location. The property's size and location within Summit County, Ohio, offer significant potential for future growth and appreciation. Further details regarding lease terms and tenant information are available upon request. This is a rare opportunity to acquire a well-established industrial property with significant upside potential.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $485,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $705,000
- 6.5%
- $655,000
- 7%
- $650,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $750,000
- Geo Method
- $570,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $545,000
- Retail
- $615,000
- Mixed-Use
- $750,000
- Hospitality
- $585,000
- Educational
- $705,000
- Residential Income
- $630,000
- Energy
- $720,000
- Income-Based Land
- $740,000
- Food Service
- $625,000
Location Insight
- Map
- Local Demand
- City
- Barberton
- County
- Summit
- State
- Ohio
- Longitude
- -81.586
- Latitude
- 41.0299
- CBSA code
- 10420
- CBSA name
- AKRON, OH METROPOLITAN STATISTICAL AREA