Property profile

Portside Dr Medina, OH 44256

OFF-MARKET
Other industrial land
Property ID
US66-4095577
5.6 ac lot
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

Portside Corporate Park is an industrial park located in Sharon Township, Medina County, along Medina Road (SR-18) and adjacent to the Medina Municipal Airport, positioned between I-71 and I-77. The park was originally developed with 12 fully improved lots and currently has four remaining lots for industrial development, with available lot sizes of approximately 1.9 acres to 5.6 acres, totaling about 15.88 acres; the available parcels are not contiguous. Lot 1A comprises 1.9 acres and has frontage along Medina Road. The park is planned for corporate headquarters and a range of industrial uses and includes a multi-tenant industrial-use building. Development design restrictions are in place to protect the integrity of the development, and the park has historically accommodated multiple tenants including SFS Intec, Nelsen Corp, Foundations Worldwide Inc, Legacy Homes, and Controls Inc.

Property profile

Verified
Property type Other industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 5.6 ac (243,936 SF)
APN 033-12A-07-013
UPID US66-4095577

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Portside Dr Medina, OH 44256
Medina metro Census 406000 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$260k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$260k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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