James Gerspacher, JD, CCIM

Jun 26
“Under all is the land”.   Not sure who coined that phrase, but there is no more fundamental right than land ownership.  Then why is it such a challenge to own and an even more challenging investment?  Well let’s exam that.  They ain’t making any more of it, except for the Chinese who are busy making islands off the their coast, it is still limited.  But assuming you are only going for the old fashion existing sod, it is still a highly diverse... + read more
Mar 19
The real estate industry has a lot of terms of art.  One of which is “specialty” property.  What does it mean?  This is generally a reference to a property that has limited function or one that is designed with a specific use in mind, like a car wash.  There are many others, for example drive-in restaurants, funeral homes, marinas, greenhouses just to mention a few.  Owning or buying this type of property should come with warning lights.  Because the... + read more
Aug 31
Recently we marketed a vacant industrial building in Medina for lease or sale.  It was an older building, but well maintained.  We believed, based on market comps, that it was worth around $850,000.  We were able to lease it to a national credit tenant for eight years with options to renew.  Upon adding some tenant improvements, the occupied building is now worth almost double the original estimated value.The point here is, there are two ways to purchase industrial real... + read more
Jul 05
Are you tired of watching the stock market reeling from high to low, day after day?  An investment in real estate may be the answer for your portfolio. It has been the best long term investment for many decades. And you cannot watch the vacillation in value on the nightly news. Be prepared to hold any real estate for a minimum of five years or more to see what leverage and appreciation can do for you. There are real estate types for every risk level, allowing you to customize your... + read more
Mar 09
"The Gerspacher Real Estate Group helped me sell 158.2644 acres on Weymouth Road at the intersection of I-71 and Route 3 and they are very pleasant to work with.  Keep mainting your good standard!" 
Feb 21
N.E. Ohio’s office market has been soft in recent years.  In part this is due to a changing economy and improved technology.  We office users tend to be more mobile these days and rely heavily on our devices.  This phenomenon has allowed us to work from our homes, cars and most anywhere we can be connected to the internet.   The result is less demand for office space.While rents have been stable, they are increasing at a slower rate.  Meanwhile the cost of... + read more

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James Gerspacher
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Office:
330.722.5002
Mobile:
330.472.4241
Fax:
330.723.6330

Real Estate Agent & Consultant

James Gerspacher has been a real estate broker since 1971 when he returned from the Army and established the Gerspacher Realty Co. He continued in local and national residential real estate until 1993 when he moved to the commercial real estate venue and founded James Gerspacher Real Estate, Inc. Jim was president of this very successful company until selling it to his nephew in 2007. Still active as an agent for Gerspacher Real Estate Group, Jim is recognized as a leader in Medina County for both his work in real estate and his community involvement.

Education

  • Bachelor of Science, Capital University, Columbus OH
  • Juris Doctor, Case Western Reserve University, Cleveland OH

License/Designations

  • Certified Commercial Investment Member - CCIM
  • Certified Residential Brokerage - CRB
  • Graduate Realtor Institute - GRI
  • Admitted to Ohio Bar
  • Ohio Real Estate Broker
  • Licensed Real Estate Agent

Affiliations

  • Medina County Port Authority
  • SCORE Volunteer
  • Greater Medina Chamber of Commerce, Past President
  • Medina County Economic Development Corp., Past Chair
  • Medina Sunrise Rotary, Past President
  • Medina County Fiber Optics Committee, Co-Chair
  • Balanced Growth Initiatives
  • Blue Coats of Medina County, Founding Member
  • Leadership Medina County, Graduate and Past President

Recognitions

  • Greater Medina Chamber Hall of Fame
  • Leadership Medina County - County Leadership Award
  • Medina County Economic Development Corp. – Corporate Citizen of the Year
  • Citizen Community Service Planning Award
  • Co-Star Power Broker Award
  • Realtor of the Year
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