Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1496 Triplett Blvd, Unit 54 Akron, OH 44306

    Sponsored
    For Lease
    Pending
    Contact for pricing

    COMMERCIAL - Akron, OH

    Property size:
    1,449 SF
    Lot size:
    0.10 Acres
    Days on Market:
    27
    Last Refresh:
    Feb 25 at 8:06 pm

    Property Features for 1496 Triplett Blvd

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Lease
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Pending
    Size
    1,449 SF
    Lot size
    0.10 Acres

    Utilities

    Water source
    Public

    We can help!

    Listing Contact
    Brooks E Ames

    richard t. kiko agency, inc. (330) 343-7355

    Listing agent Brooks E Ames (330) 703-2732 License #441335

    Listing date Jan 30, 2026

    MLS# 5180062

    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.

    Learn more

    Property Insight Report

    Overview

    Akron Fulton Airport Hangar Spaces

    Two "T" hangars are available for lease at Akron Fulton Airport in Akron, OH. The first hangar, located at Airspace Place IV Hangar G - #54, offers approximately 1,050 square feet of space and features a 42" electric bi-fold mansard type door with a 41'8" opening. It includes an insulated ceiling, door, and side walls, as well as breaker electric with (4) 110v and (1) 220v outlets. A frost-proof cold-water hydrant with shared water access is available, along with a gas Reznor 75,000 BTU heater with thermostat and a concrete floor. Gas and electric are separate. The second hangar, located at Airspace Place V Hangar H #72, provides approximately 1,449 square feet of space and features a 48" electric bi-fold mansard type door with a 47'8" opening. Similar to the first, it has an insulated ceiling, door, and side walls, breaker electric with (6) 110v and (1) 220v outlets, a frost-proof cold-water hydrant with shared water, a gas Reznor 100,000 BTU heater with thermostat, and a concrete floor. Gas and electric are separate. The purchaser is buying 1 share in Airspace Place Akron, Inc. Cooperative Corp. which is tied to an inseparable Proprietary Lease for the exclusive rights and use of Hangars (#54 and 72). There is A CO-OP fee (pays for ground lease, real estate taxes, insurance, etc.). Also, each hangar owner is required to be a member of the Airspace Place Aviation Club. Buyers must submit an application and be approved by the HOA to close on the purchase.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Airspeed Aviation Detailing Corporate Office Airspace Place Travel Agency

    Suggested Use

    Restaurant Real Estate Agency Building Supply Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Hotel & Motel Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Akron
    County
    Summit
    State
    Ohio
    Longitude
    -81.46989936
    Latitude
    41.0401874

    Nearby Similar for Lease

    • $1,300 /Mo
      4,792 SF

      Renovated Retail Space in Akron

      Recently renovated 1,550 SF retail space ready for immediate occupancy.
      871 Brown St, Akron, OH 44311
      View Details
    • $1,500 /Mo
      5,401 SF

      Remodeled Commercial Building in Akron

      Remodeled 1,800 sqft commercial building with modern amenities and functionality.
      1152 Grant St, Akron, OH 44301
      View Details
    • $2,500 /Mo
      7,597 SF

      Office Space in Akron, OH

      Office space with high foot traffic near major intersection.
      816 E Turkeyfoot Lake Rd, Akron, OH 44319
      View Details
    • Contact for pricing
      Pending

      Akron Fulton Airport "T" Hangars

      Two "T" Hangars at Akron Fulton Airport for rent.
      1496 Triplett Blvd, Akron, OH 44306
      View Details
    • $5,000 /Mo
      43,560 SF

      Akron Warehouse with Large Door

      6,000 SF warehouse space for lease near downtown Akron.
      1051 Eastwood Ave, Akron, OH 44305
      View Details
    • Sponsored
      New
      Contact for pricing

      OH, Akron - South Main St

      Discover many ways to work your way in Democracy Plaza
      388 Main St, Akron, OH 44311
      View Details
    • $1,400 /Mo
      80,150 SF

      Office Space in Clocktower Landing

      Office space for lease in a desirable location.
      470 Portage Lakes Dr, Akron, OH 44319
      View Details
    • $7 SF/Yr
      5,814 SF

      Akron Industrial Flex Unit

      5,814 SF industrial flex unit near Route 8 in Akron.
      1350 Home Ave, Akron, OH 44310
      View Details
    • $5,750 /Mo
      9,180 SF

      Freestanding Retail Building Near Route 8

      9,180 SF retail building in close proximity to Route 8.
      266 E South St, Akron, OH 44311
      View Details
    • $7 SF/Yr
      5,000 SF

      Akron Industrial Flex Unit

      5,000 SF industrial flex unit near Route 8 and 261.
      1340 Home Ave, Akron, OH 44310
      View Details
    • $7 SF/Yr
      5,000 SF

      Akron Warehouse with Office Space

      5,000 SF flex space with warehouse and office components.
      1340 Home Ave, Akron, OH 44310
      View Details
    • $6 SF/Yr
      8,936 SF

      Renovated Flex Space in Akron

      8,900 SF industrial/office flex space near State Route 8.
      1350 Home Ave, Akron, OH 44310
      View Details

    FAQs

    What type of property is this?
    Aviation real estate - Two hangar spaces available for lease at Akron Fulton Airport.
    Where is this aviation real estate located?
    The property is located at 1496 Triplett Blvd, Unit 54 Akron, OH.
    What are key features of this property?
    This property features: - Two "T-Hangars" at Akron Fulton Airport, perfect for aircraft storage and maintenance.; - Auction format provides a chance for competitive bidding.; - Hangar #72 boasts a larger space (approx. 1,449 sq. ft.) than Hangar #54 (approx. 1,050 sq. ft.).
    (330) 703-2732
    Request Owner's contact information
    1496 Triplett Blvd, Unit 54 Akron, OH 44306
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1496 Triplett Blvd, Unit 54
    Akron, OH 44306
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1496 Triplett Blvd, Unit 54 Akron, OH 44306
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Brooks E Ames
    Real Estate License ID: 441335
    (330) 703-2732
    Learn more
    Google sign-in failed. Please try again or use another login method.