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Freestanding Warehouse and Office
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1329 E Archwood Ave, Akron, OH 44306

Freestanding warehouse-manufacturing facility with office space, loading docks, and fully sprinklered warehouse.

Property Size28,500 SF
Price / SF$70
Days on Market252

Property Features for 1329 E Archwood Ave

General Information

Standard status Active
Size 28,500 SF
Property subtype INDUSTRIAL

Site & Location

Fenced Yard Yes
Outdoor Storage Yes

Warehouse & Industrial

Clear Height 24 ft
Dock-High Doors 4
Heavy Power Yes
Sprinkler System Yes

Amenities

lunch room
restroom area

Building Details

Stories 2
Listing Agency: NAI Pleasant Valley - Akron
Listed By: Bob Raskow, SIOR · License #SAL.2005016012
Source: Moodyscre
Added: Nov 20, 2025 Changed: Jul 26 Last Checked: Jul 30 at 10:52AM

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 NAI Pleasant Valley - Akron

Investment Insights

Based on property information with market context.

This freestanding warehouse/manufacturing facility offers 26,700 sq ft of warehouse space and 3,600 sq ft of office. The office is split across two floors, with approximately 1,800 sq ft per floor, and includes a lunch room and restroom area. The warehouse ceiling height is 24’, and the facility is equipped with (4) loading docks plus (1) overhead (OH) door. Power is listed as 800A/480-277 3-phase, and the warehouse is fully sprinklered.

The property also includes a large fenced and gated outside storage area to support equipment or materials storage. Availability is noted for Feb. 1, 2026.

The facility is designed to accommodate both warehousing and light manufacturing workflows, combining dock and drive access with on-site administrative space.

Key Highlights

  • 28,500 sq ft freestanding warehouse/manufacturing facility with 26,700 sq ft warehouse and 3,600 sq ft office
  • 3,600 sq ft office is 2‑story with 1,800 sq ft per floor, plus lunch room and restroom area
  • 24’ ceiling height with (4) loading docks and (1) OH door

Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $194.9k $6.84
− Vacancy −$5.1k −$0.18
EGI $189.9k $6.66
− OpEx −$28.5k −$1.00
NOI $161.4k $5.66
28,500 SF · lease $6.84/SF/yr · vacancy 2.60% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$2.31M
$2.02M – $2.69M (±1% cap)
NOI $161,391 @ 7.0% cap · market cap 8.09%
Second Best
Industrial
$1.90M
$1.66M – $2.22M (±1% cap)
NOI $132,910 @ 7.0% cap · market cap 6.66%
Theoretical Best
Office A
$6.99M
$6.12M – $8.16M (±1% cap)
NOI $489,591 @ 7.0% cap · market cap 24.54%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Accessories of Ohio Valley Big Box & Wholesale Store

Suggested Use

Top Pick Real Estate Agency Dental Office Restaurant Hair Salon Pharmacy Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

24 ft
Clear height
4
Dock-high doors
Yes
Heavy power
Yes
Sprinkler system
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

380
Businesses Nearby

Demographics for 44306, OH

21,085
Population
10,424
Households
2
Avg Household Size
34
Median Age
9%
College-Educated
86%
High-School Grad
8.3 sq mi
ZIP Area
2,540
Density / Sq Mi
$41,105
Median Household Income
$30,481
Median Earnings
$901
Median Rent
$77,500
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Manufacturing property - Freestanding warehouse-manufacturing facility with office space, loading docks, and fully sprinklered warehouse.
Where is this manufacturing property located?
The property is located at 1329 E Archwood Ave Akron, OH.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: 28,500 sq ft freestanding warehouse/manufacturing facility with 26,700 sq ft warehouse and 3,600 sq ft office; 3,600 sq ft office is 2‑story with 1,800 sq ft per floor, plus lunch room and restroom area; 24’ ceiling height with (4) loading docks and (1) OH door
(330) 697-6818 Call to check price and availability
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