Warehouse Flex Building with
2653-2655 S Arlington Road Akron, OH 44319
2653-2655 S Arlington Road, Akron, OH, 44319
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For Sale
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Flex/warehouse building with four docks, four drive-in doors, and 18'8" clear height along S Arlington Road.
Property Size41,978 SF
Price / SF$60
Days on Market92
Property Features for 2653-2655 S Arlington Road
General Information
- Standard status
- Active
- Size
- 41,978 SF
- Property subtype
- Retail, Industrial
Listing agency
Cushman & Wakefield CRESCO Real Estate
Listed by
Ryan Fisher · License #SAL. 2009001953
Source
Crexi
Added: Apr 22 Updated: Jul 21 at 1:30AM Checked: Jul 21 at 4:53AM
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 Cushman & Wakefield CRESCO Real Estate
Investment Insights
Based on property information with market context.
This former furniture, mattress, and appliance store offers a flexible warehouse configuration for a range of commercial needs. The building includes four loading docks and four drive-in doors, with 18'8" clear height to support practical storage and distribution operations.
The property is located along S Arlington Road, which sees nearly 14,000 VPD and provides strong visibility with signage opportunity. It is surrounded by a mix of retail and industrial users, creating a built-in tenant mix in the area.
With its dock-and-drive-in layout and substantial clear height, the space is well suited for users looking for warehouse flex accommodations in a high-traffic corridor.
The property is located along S Arlington Road, which sees nearly 14,000 VPD and provides strong visibility with signage opportunity. It is surrounded by a mix of retail and industrial users, creating a built-in tenant mix in the area.
With its dock-and-drive-in layout and substantial clear height, the space is well suited for users looking for warehouse flex accommodations in a high-traffic corridor.
Key Highlights
- 28,324 SF former furniture, mattress and appliance store building near I‑77
- 4 dock doors and 4 drive‑in doors for loading and access
- 18'8" clear height
Local Financial Insights For Industrial
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 | $287.1k | $6.84 |
| − Vacancy | −$7.5k | −$0.18 |
| EGI | $279.7k | $6.66 |
| − OpEx | −$83.9k | −$2.00 |
| NOI | $195.8k | $4.66 |
41,978 SF · lease $6.84/SF/yr · vacancy 2.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$6.77M
$5.92M – $7.90M
NOI $473,961 @ 7.0% cap · market cap 18.82%
Second Best
Flex RnD
$5.39M
$4.71M – $6.29M
NOI $377,198 @ 7.0% cap · market cap 14.98%
Theoretical Best
Office A
$10.30M
$9.01M – $12.02M
NOI $721,124 @ 7.0% cap · market cap 28.63%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Flex/warehouse building with four docks, four drive-in doors, and 18'8" clear height along S Arlington Road.
Where is this flex space located?
The property is located at 2653-2655 S Arlington Road Akron, OH.
What is the asking price?
The asking price for this property is $2,518,680.
What are key features of this property?
This property features: 28,324 SF former furniture, mattress and appliance store building near I‑77; 4 dock doors and 4 drive‑in doors for loading and access; 18'8" clear height
