Property profile

2213 Romig Rd Akron, OH 44320

OFF-MARKET
Retail space
Property ID
US66-2441075
41,918 SF 4.28 ac lot Built 1983
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This 53,613-square-foot industrial warehouse in Akron, Ohio, presents a significant opportunity. Situated on a 4.31-acre lot, this Class B building, constructed in 1986, boasts a single-tenant occupancy and is fully vacant. The warehouse features 41,918 square feet of space, including 26,022 square feet of high-bay storage (18'9" - 21' ceiling height) and 15,896 square feet of lower-bay storage. The building also includes a 7,695-square-foot mezzanine office space with private offices, a remodeled conference room, restrooms, and open storage, plus 4,000 square feet of additional mezzanine storage. Amenities include two 8x8 loading docks, two drive-in doors, 800-amp 480-volt 3-phase power, a wet sprinkler system, full air conditioning, an intercom system, electric drops, motion LED lighting, and security gates. The lower level offers restrooms, storage, a locker room, and a breakroom. The roof was replaced in 2010 and recently patched (September 2023). The property's convenient location offers easy access to Interstates 76 and 77. Column spacing is 49' - 45' - 49'. The property is zoned Industrial (APN 6854386, Summit County). This property is ideal for warehouse and distribution operations.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1983
Total area 41,918 SF
Lot 4.28 ac (186,437 SF)
APN 68-54386
UPID US66-2441075

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Business To Business Service

Location

2213 Romig Rd Akron, OH 44320-3823
Akron metro Census 508399 AKRON, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.38M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.62M
Blend (final) Blend
$2.36M

Owner & transaction history

since 2025
Last sale
$2.5M
6 recorded transactions
2025
$2.5M
2018
Price N/A
2007
$845,000
2005
Price N/A
2005
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Neighborhood: shopping center $3.9M +64.6%
Office building $3.4M +41.6%
Apartment house (5+ units) $2.9M +19.8%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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