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    Renovated Akron Warehouse with Highway Access Title is generated by Realmo AI

    995 Home Avenue, Akron, OH 44310

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    136,000 SF warehouse with renovations and highway access.

    Type:Industrial
    Property size:
    136,000 SF
    Lot size:
    5.82 Acres
    Added:
    Mar 25, 2026
    Days on Market:
    47
    Last Refresh:
    Mar 18 at 7:56 am

    Property Features for 995 Home Avenue

    General Information

    Standard status
    Active
    Size
    136,000 SF
    Lot size
    5.82 Acres
    Property subtype
    Industrial

    We can help!

    Listing Contact
    Jenna Gauntner

    Listing agent Jenna Gauntner

    Listing office

    Listing date Mar 25, 2026

    Source Cbre

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

    All listing content including descriptions, pricing, images are the copyrighted material of Jenna Gauntner

    HighLights

    • Excellent access to major highways including Route 8, I‑77/I‑76 Interchange, Route 91, and I‑277
    • Building Size: ±136,000 SF (divisible) with multiple docks (10 standard, 2 recessed)
    • Renovations Completed 2025: interior/exterior paint, LED lighting, office upgrades, and heating units replaced as needed
    • Temp Controlled Storage: Two 65’ x 30’ contiguous storage areas with 12’ clear, kept at 50 – 60 degrees F
    • Upcoming Power Upgrade Complete in October 2025 (480V / 1200A / 3PH)
    • Clear Height: 21' - 22'

    Overview

    This 136,000 square foot warehouse property, divisible for flexible use, is located in Akron, Ohio. Renovations are slated for completion in 2025, including interior and exterior paint, LED lighting, office upgrades, and heating unit replacements as needed. A power upgrade is scheduled for completion in October 2025. The property offers convenient access to major highways, including Route 8, the I-77/I-76 Interchange, Route 91, and I-277. The warehouse features 21 to 22-foot clear heights and column spacing of 40' x 30'. It includes 10 standard docks (8' x 10') and 2 recessed docks (12' x 14'), along with a forklift ramp adjacent to the recessed docks. The property has 480V / 1200A / 3PH power. The site encompasses approximately 5.82 acres, with potential storage at the south end. One section of approximately 61,600 square feet has 6 exterior docks and 2 interior docks, while another section of approximately 73,740 square feet has 4 exterior docks. There are two contiguous temperature-controlled storage areas, each 65' x 30' with 12' clear height, maintained between 50 and 60 degrees Fahrenheit (minimum achievable temperature is unknown at this time).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Abcom Systems Production Facility

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Building Supply Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

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

    Similar Places Nearby

    • Valley Storage - Akron — 1360 Home Ave, Akron, OH 44310
    • U-Haul Self Storage — 750 E Tallmadge Ave, Akron, OH 44310
    • Acme Storage — Home Ave, Akron, OH 44310

    Location Insight

    • Map
    • Local Demand
    City
    Akron
    County
    Summit
    State
    Ohio
    Longitude
    -81.487674
    Latitude
    41.099418

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    FAQs

    What type of property is this?
    Warehouse - 136,000 SF warehouse with renovations and highway access.
    Where is this warehouse located?
    The property is located at 995 Home Avenue Akron, OH.
    What are key features of this property?
    This property features: Excellent access to major highways including Route 8, I‑77/I‑76 Interchange, Route 91, and I‑277; Building Size: **±136,000 SF (divisible)** with multiple docks (10 standard, 2 recessed); Renovations Completed 2025: interior/exterior paint, LED lighting, office upgrades, and heating units replaced as needed
    (440) 669-1114
    We can help!
    Listing Contact
    Jenna Gauntner
    Learn More
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    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
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