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    147 E Waterloo Rd Akron, OH 44319

    For Sale
    $2,365,886

    NNN leased Stonewall Auto Repair in Akron, Ohio for sale.

    Property size:
    15,712 SF
    Lot size:
    1.82 Acres

    Property Features for 147 E Waterloo Rd

    General Information

    Size
    15,712 SF
    Lot size
    1.82 Acres

    Source: NNN Pro Group Agent Anthony D’Ambrosia

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

    Overview

    Stonewall Auto Repair Investment Opportunity

    The property at 147 East Waterloo Road, Akron, Ohio, is a Stonewall Auto Repair (Brightpoint) situated on an estimated 1.85-acre parcel. The building offers approximately 15712 rentable square feet of space. The property is subject to a 19-year Triple Net (NNN) lease, which commenced on July 16, 2021. The current annual rent is $165,612, with scheduled increases of 2.00% annually starting in year 7.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Stonewall Collision & Auto ... Auto Body Shop

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Similar Places Nearby

    Buckeye Pit Stop, MASTER AUTO L.L.C., Accurate Auto Glass, Tire discount center, Midas

    Location Insight

    • Map
    • Local Demand
    City
    Akron
    County
    Summit
    State
    Ohio
    Longitude
    -81.52187
    Latitude
    41.02935

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    FAQs

    What type of property is this?
    Auto shop - NNN leased Stonewall Auto Repair in Akron, Ohio for sale.
    Where is this auto shop located?
    The property is located at 147 E Waterloo Rd Akron, OH.
    What is the asking price?
    The asking price for this property is $2,365,886.
    What are key features of this property?
    This property features: - 19-year Triple Net (NNN) lease commenced 7/16/2021.; - Current annual rent is $165,612.; - Scheduled rent increases of 2.00% annually starting Year 7.
    (332) 345-2408
    Request Owner's contact information
    147 E Waterloo Rd Akron, OH 44319
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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
    147 E Waterloo Rd Akron, OH 44319
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