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    1677 Home Ave Akron, OH 44310

    For Sale
    Contact for pricing

    High-traffic retail corridor with a long-term operating history.

    Property size:
    108,743 SF
    Lot size:
    10.44 Acres

    Property Features for 1677 Home Ave

    General Information

    Size
    108,743 SF
    Lot size
    10.44 Acres

    Source: Newmark Agent Matt Berres

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

    Overview

    Established Retail Location For Sale

    This retail property, currently occupied by BJ's Wholesale Club, benefits from a highly visible and easily accessible location within a high-traffic retail corridor along Home Avenue, which sees 12,233 vehicles per day. It is also located approximately 0.25 miles from the Highway 59 on/off ramp, which experiences a traffic volume of 97,267 vehicles per day. The property has a 22-year operating history at this location and has recently undergone a 5-year extension, with 5.5 years remaining on the lease. The lease includes 3 (5-year) options with 6.00% rental increases. BJ's Wholesale Club has 221 locations nationwide and over 5.5 million members. The company holds an S&P credit rating of BB+ and operates under a corporate lease. The property benefits from a stable and dense demographic with an established local customer base of families. The property size is 108,743 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    BJ's Gas Station Gas Station BJ's Bakery Bakery BJ's Tire Center Tire Shop BJ's Wholesale Club Grocery Store AT&T Store Telecommunications Service Provider

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Akron
    County
    Summit
    State
    Ohio
    Longitude
    -81.48486
    Latitude
    41.115895

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    FAQs

    What type of property is this?
    Storefront property - High-traffic retail corridor with a long-term operating history.
    Where is this storefront property located?
    The property is located at 1677 Home Ave Akron, OH.
    What are key features of this property?
    This property features: - Corporate lease with a strong tenant, BJ's Wholesale Club (NYSE: BJ, S&P: BB+ Credit Rating).; - High traffic location: Visible retail corridor with significant daily vehicle traffic.; - Established operating history: 22-year operating history at the property.
    (949) 608-2066
    Request Owner's contact information
    1677 Home Ave Akron, OH 44310
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    Akron, OH 44310
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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
    1677 Home Ave Akron, OH 44310
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