Vacant Lot in Merriman
For Sale
$94,000
Pending
1245 Riverwoods Dr, Akron, OH 44313
Land, Akron, OH
Property SizeContact for details
Lot Size0.38 Acres
Days on Market153
Property Features for 1245 Riverwoods Dr
General Information
Property type
Land
Property subtype
Other
Exterior features
UndergroundUtilities
Lot features
Cleared, Corner Lot, Sloped Down, Gentle Sloping
Elementary school district
Akron CSD - 7701
Middle school district
Akron CSD - 7701
High school district
Akron CSD - 7701
Directions
Merriman to Riverwoods. Lot is the first parcel on the left entering the neighborhood.
Standard status
Pending
APN
6761065
Lot size
0.38 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
2625
HOA Fee
$395 Annually
Utilities
Sewer type
Public Sewer
Water source
Public
Listing Agency:
High Point Real Estate Group
(330) 800-9116
Listed By:
James Dawson · License #2017001095
(330) 354-8635
Added: Mar 24
Changed: Aug 19
Last Checked: Aug 23 at 12:06AM
MLS# 5194466
Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 0.38-acre corner lot is located in the Merriman Woods neighborhood of Akron, close to Sand Run Metro Parks and Merriman Valley. The lot features a drop in elevation towards the back, offering potential views of the protected area. It is suited for a walk-out basement. The neighborhood includes sidewalks and has direct access to an easement leading to the Tow Path. Water and sewer laterals are already run into the lot. A full topographic survey is available, and a custom house design built for the lot can be included with the sale. The property is located in Akron's 15-year, 100% Tax Abatement area, allowing the owner to pay property tax on land value only for 15 years. The HOA fee covers leaves, entrance, and shared space maintenance. The lot is priced under the appraised value by the city.
Key Highlights
- 15‑year, 100% Tax Abatement on improvements, potentially saving over $100,000.
- Rare vacant lot in prestigious Merriman Woods neighborhood with high‑end homes.
- Opportunity for breathtaking, protected views, ideal for a walk‑out basement.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
102
Businesses Nearby
Explore this area
Business Placement
Demographics for 44313, OH
25,678
Population
14,054
Households
1.8
Avg Household Size
41
Median Age
50%
College-Educated
97%
High-School Grad
13.5 sq mi
ZIP Area
1,902
Density / Sq Mi
$76,404
Median Household Income
$46,882
Median Earnings
$1,041
Median Rent
$216,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Land - Vacant lot in prestigious Akron neighborhood with tax abatement.
Where is this land located?
The property is located at 1245 Riverwoods Dr Akron, OH.
What is the asking price?
The asking price for this property is $94,000.
What are key features of this property?
This property features: 15‑year, 100% Tax Abatement on improvements, potentially saving over $100,000.; Rare vacant lot in prestigious Merriman Woods neighborhood with high‑end homes.; Opportunity for breathtaking, protected views, ideal for a walk‑out basement.
