Auto Shop with Service
1555 Brown St, Akron, OH 44301
For Sale
New
$350,000
Equipped work bays, customer reception space, and automotive equipment support an operating shop layout.
Property Size1,470 SF
Price / SF$238.10
Days on Market7
Property Features for 1555 Brown St
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Highway Access
Automotive
Service Bays
Automotive Uses
Additional Details
Real Estate Included
Amenities
front office and lobby
bathroom
Building Details
Year Built
Listing Agency:
Keller Williams Elevate
Listed By:
Stacy N Nugent · License #2015003217
(216) 299-5092
Source:
Themucciteam
Added: Nov 3
Changed: Nov 8
Last Checked: Nov 8 at 4:23PM
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 Keller Williams Elevate
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Investment Insights
Based on property information with market context.
This 1,470-square-foot auto shop includes two service bays with lifts, a front office and lobby, and a bathroom. The property also has a large air compressor and comprises seven parcels. Built in 1953, it provides a defined service area alongside space for customer reception and office functions.
The property is located just off the highway. The listed address is 1555 Brown St, Akron, Ohio.
The property is located just off the highway. The listed address is 1555 Brown St, Akron, Ohio.
Key Highlights
- Two service bays equipped with automotive lifts
- 1,470‑square‑foot building with front office, lobby, and bathroom
- Large air compressor included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,597
Cap Rate
4.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$331,940
$331.9K
Cap Rate 7%
$237,100
$237.1K
Cap Rate 9%
$184,411
$184.4K
Market Conditions
NOI Build-Up for 1,470 SF
Gross rent
$24.5K $16.68/SF
− Vacancy
−$809 −$0.55/SF
EGI
$23.7K $16.13/SF
− OpEx
−$7.1K −$4.84/SF
NOI
$16.6K $11.29/SF
Area
Akron, OH
Vacancy
3.30%
Lease Rate
$16.68 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$331,940
Cap Rate 7%
$237,100
Cap Rate 9%
$184,411
Alternative Uses
Best Use
Retail
$237.1K
$207.5K – $276.6K
NOI $16,597 @ 7.0% cap · market cap 4.74%
Second Best
Industrial
$97.9K
$85.7K – $114.3K
NOI $6,855 @ 7.0% cap · market cap 1.96%
Theoretical Best
Office A
$360.8K
$315.7K – $420.9K
NOI $25,253 @ 7.0% cap · market cap 7.22%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
2
Service bays
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
304
Businesses Nearby
2k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
PNC Bank
Shops & Services
1,325 visits/mo
0.5 miles
Firestone Complete Auto Care
Shops & Services
1,008 visits/mo
0.4 miles
Demographics for 44301, OH
14,364
Population
6,859
Households
2.1
Avg Household Size
37
Median Age
20%
College-Educated
89%
High-School Grad
3.6 sq mi
ZIP Area
3,990
Density / Sq Mi
$52,134
Median Household Income
$34,553
Median Earnings
$990
Median Rent
$103,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Akron, OH
Similar Off Market Nearby
- Tire discount center — 598 E Waterloo Rd, Akron, OH 44319
- MASTER AUTO L.L.C. — 598 E Waterloo Rd #200, Akron, OH 44319
- LIGHTNER TIRE CO. — 780 E Waterloo Rd, Akron, OH 44306
- We Buy Junk Cars We Pay Cash — 870 E Waterloo Rd, Akron, OH 44306
- Cortez Auto Repair - Cash for Junk Cars — 870 E Waterloo Rd, Akron, OH 44306
Frequently Asked Questions
What type of property is this?
Auto shop - Equipped work bays, customer reception space, and automotive equipment support an operating shop layout.
Where is this auto shop located?
The property is located at 1555 Brown St Akron, OH.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Two service bays equipped with automotive lifts; 1,470‑square‑foot building with front office, lobby, and bathroom; Large air compressor included
