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    1566 Akron Peninsula Rd, Unit 3 Akron, OH 44313

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    For Lease
    $4 SF/Yr ($17,640 /Mo)

    47,040 SF building with flex and office space available.

    Property size:
    47,040 SF
    Lot size:
    47,040 SF

    Property Features for 1566 Akron Peninsula Rd

    General Information

    Size
    47,040 SF

    Building Details

    Year built
    1960

    Source: Graydon Fox Agent Graydon Fox

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Akron Warehouse and Flex Space

    The subject property is a 47,040 SF building in Akron, featuring 4,000 SF to 7,200 SF of flex space. Additionally, 3,300 SF of office space is available at the front of the building. The property is situated in the Merriman Valley area, near Portage Trail Extension. The building has a 12' clear ceiling height, making it suitable for storage purposes. The previous tenant used the space for furniture storage, and the wide-open floor plan offers various layout options. The space includes a kitchen area, two restrooms, and four private offices. The building's entrance has double doors that can accommodate a pallet jack. The property is located near many retail amenities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    LINCARE LONG TERM ... Oxygen Equipment Supplier The Blick Center-Community Living Non-Profit Organization Old Portage Heliport Heliport America's Best Medical ... Corporate Office LEAD Academy Sports ... Sports Complex

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Similar Places Nearby

    Mutual-Mini Storage, Merriman Valley Self Storage, Guardian Self Storage

    Location Insight

    • Map
    • Local Demand
    City
    Akron
    County
    Summit
    State
    Ohio
    Longitude
    -81.549728
    Latitude
    41.136873

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    FAQs

    What type of property is this?
    Warehouse - 47,040 SF building with flex and office space available.
    Where is this warehouse located?
    The property is located at 1566 Akron Peninsula Rd, Unit 3 Akron, OH.
    What is the lease rate?
    The lease rate is $4 SF/Yr.
    What are key features of this property?
    This property features: - 47,040 SF building with flexible space options, ranging from 4,000 SF - 7,200 SF.; - Located in the Merriman Valley close to Portage Trail Extension.; - Suitable for storage, as demonstrated by previous tenant.
    (330) 703-5283
    Request Owner's contact information
    1566 Akron Peninsula Rd, Unit 3 Akron, OH 44313
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    Akron, OH 44313
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    Realmo Value Estimation

    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.

    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.

    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
    1566 Akron Peninsula Rd, Unit 3 Akron, OH 44313
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