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    947 W Waterloo Rd Akron, OH 44306

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    For Sale
    $2,400,000

    Recently updated, ideal for warehouse, lab, or R&D use.

    Property size:
    30,600 SF
    Lot size:
    4.48 Acres

    Property Features for 947 W Waterloo Rd

    General Information

    Size
    30,600 SF
    Lot size
    4.48 Acres

    Source: Cresco Real Estate | Cleveland Agent Rico A. Pietro, SIOR

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

    Overview

    Updated Warehouse, Lab, or R&D

    This property, recently updated in 2023, is suitable for warehouse, lab, or R&D purposes. The space is fully conditioned. The office area can be reconfigured to provide additional warehouse space. Security systems are in place. An abundance of on-site parking and truck turnaround space is available. The property is located approximately 1/2 mile from the I-277/State Route 224 interchange and is situated on Akron Metro Bus Route #18 Thornton/Manchester. There is a possibility for highway signage. FF&E, including a forklift, will remain with the property. The building has a total area of 30,600 square feet.
    Location Intelligence

    Current Use by Public Records

    HealthShareRx Pharmacy America's Pharmacy Source Pharmacy Pharmacy Wholesale Club Pharmacy LIG Solutions Rx Association / Organization JOPPA Rx Pharmacy

    Suggested Use

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

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

    Similar Places Nearby

    Public Storage, Keller Rigging LLC, Firestone Park Self-Storage

    Location Insight

    • Map
    • Local Demand
    City
    Akron
    County
    Summit
    State
    Ohio
    Longitude
    -81.55969
    Latitude
    41.032608

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    FAQs

    What type of property is this?
    Warehouse - Recently updated, ideal for warehouse, lab, or R&D use.
    Where is this warehouse located?
    The property is located at 947 W Waterloo Rd Akron, OH.
    What is the asking price?
    The asking price for this property is $2,400,000.
    What are key features of this property?
    This property features: - Ideal for warehouse, lab, or R&D use with recent 2023 updates; - Abundance of on-site parking and truck turnaround; - Convenient location: 1/2 mile from I-277/State Route 224 interchange
    (216) 520-1200
    Request Owner's contact information
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    Akron, OH 44306
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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
    947 W Waterloo Rd Akron, OH 44306
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