Industrial Building with Office
For Sale
Contact for pricing
555 E Tallmadge Ave, Akron, OH 44310
Two-building industrial property with 20.62 acres, featuring FedEx occupancy and expanded parking for redevelopment.
Property Size68,369 SF
Lot Size20.62 Acres
Days on Market121
Property Features for 555 E Tallmadge Ave
General Information
Standard status
Active
Size
68,369 SF
Lot size
20.62 Acres
Property subtype
Industrial
Additional Details
Road Access
Yes
Listing Agency:
SVN Summit Commercial Real Estate Advisors
(234) 231-0229
Listed By:
Graydon Fox · License #SAL2019006700
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 23 at 5:59PM
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 SVN Summit Commercial Real Estate Advisors
Investment Insights
Based on property information with market context.
The property includes a 16,000 SF industrial building and a 52,369 SF building that was converted to office space. The tenant, FedEx, occupies the entire 16,000 SF front building and 6,500 SF in the rear building. FedEx has been in the front building since 1989, with options to extend their lease term through 2034. The rear building was originally industrial but was converted to an office environment when Roadway was a tenant, and only 6,500 SF of the rear building can be considered industrial space as-is.
The property provides frontage on East Tallmadge Avenue and includes a large parking lot along with 20+ acres of land, supporting expansion and redevelopment options for an investor.
Current gross revenue is $141,876 annually based on 12% occupancy of the rear building, and the property is presented as a value-add opportunity for a buyer willing to take on a conversion project to increase leased value.
The property provides frontage on East Tallmadge Avenue and includes a large parking lot along with 20+ acres of land, supporting expansion and redevelopment options for an investor.
Current gross revenue is $141,876 annually based on 12% occupancy of the rear building, and the property is presented as a value-add opportunity for a buyer willing to take on a conversion project to increase leased value.
Key Highlights
- Two‑building industrial property totaling 68,369 SF plus 20.62 acres with frontage on East Tallmadge Avenue
- FedEx occupies the entire 16,000 SF front building and 6,500 SF in the rear building
- FedEx has been in the front building since 1989 and has lease extension options through 2034
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
614
Businesses Nearby
Explore this area
Business Placement
Demographics for 44310, OH
24,984
Population
11,074
Households
2.3
Avg Household Size
35
Median Age
14%
College-Educated
77%
High-School Grad
6.2 sq mi
ZIP Area
4,030
Density / Sq Mi
$38,912
Median Household Income
$32,593
Median Earnings
$925
Median Rent
$91,400
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Distribution center - Two-building industrial property with 20.62 acres, featuring FedEx occupancy and expanded parking for redevelopment.
Where is this distribution center located?
The property is located at 555 E Tallmadge Ave Akron, OH.
What are key features of this property?
This property features: Two‑building industrial property totaling 68,369 SF plus 20.62 acres with frontage on East Tallmadge Avenue; FedEx occupies the entire 16,000 SF front building and 6,500 SF in the rear building; FedEx has been in the front building since 1989 and has lease extension options through 2034
