Flex Space Building with Overhead
For Sale
Contact for pricing
1627 Krumroy Rd, Akron, OH 44306
New flex space building with overhead doors and 200-amp electric service.
Property Size4,600 SF
Lot Size1.90 Acres
Price / SF$129.35
Days on Market342
Property Features for 1627 Krumroy Rd
General Information
Standard status
Active
Size
4,600 SF
Lot size
1.90 Acres
Property subtype
RETAIL
Warehouse & Industrial
Office Build-Out
2,300 SF
Power
200 amps
Additional Details
Asking Price
$595,000
Building Details
Year Built
2023
Stories
2
Building Size
4,600 SF
Listing Agency:
NAI Pleasant Valley - Akron
(330) 352-7746
Listed By:
David Whyte · License #SAL.2018002884
(330) 352-7746
Source:
Moodyscre
Added: Aug 25, 2025
Changed: Jul 30
Last Checked: Jul 31 at 10:22AM
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 new flex space building totals 4,600 SF and includes a lower level garage plus a second-floor office. The lower level garage measures 36’ x 64’, and there is 2,300 SF of second-floor office space. Overhead loading includes (2) 9 x 10 doors and (2) 10 x 10 doors, supporting a flexible layout for light warehouse or service-focused operations.
Built in 2023, the property sits on 1.9 acres at 1627 Krumroy Rd in Akron, OH 44306. Electric service is 200-amp. Parcel number 5103945 is associated with the property.
Offered for sale, the building’s combined garage and office configuration can support tenants looking for an on-site workspace arrangement with overhead door access.
Built in 2023, the property sits on 1.9 acres at 1627 Krumroy Rd in Akron, OH 44306. Electric service is 200-amp. Parcel number 5103945 is associated with the property.
Offered for sale, the building’s combined garage and office configuration can support tenants looking for an on-site workspace arrangement with overhead door access.
Key Highlights
- 4,600 SF flex space building with lower level garage and second‑floor office
- Built in 2023
- Lower level garage: 36’ x 64’
Financial Insights For Office B
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 | $77.8k | $16.92 |
| − Vacancy | −$5.3k | −$1.15 |
| EGI | $72.5k | $15.77 |
| − OpEx | −$18.1k | −$3.94 |
| NOI | $54.4k | $11.83 |
4,600 SF · lease $16.92/SF/yr · vacancy 6.80% · expense 25.00%
Alternative Uses
Best Use
Office B
$777.2K
$680.1K – $906.8K
NOI $54,405 @ 7.0% cap · market cap 9.14%
Second Best
Flex RnD
$590.5K
$516.7K – $688.9K
NOI $41,334 @ 7.0% cap · market cap 6.95%
Theoretical Best
Office A
$1.13M
$987.8K – $1.32M
NOI $79,022 @ 7.0% cap · market cap 13.28%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
92
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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 Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - New flex space building with overhead doors and 200-amp electric service.
Where is this flex space located?
The property is located at 1627 Krumroy Rd Akron, OH.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: 4,600 SF flex space building with lower level garage and second‑floor office; Built in 2023; Lower level garage: 36’ x 64’
