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Warehouse with Loading Docks
For Sale
$2,518,680

2655 S Arlington Road, Akron, OH 44319

Owner-user or investment warehouse with existing tenant income, flexible space configuration, and multiple loading options.

Property Size40,700 SF
Price / SF$88.92
Days on Market82

Property Features for 2655 S Arlington Road

General Information

Standard status Active
Size 40,700 SF
Property subtype 10/6/2026

Site & Location

Highway Access Yes
Road Access Yes

Warehouse & Industrial

Clear Height 18.7 ft
Dock-High Doors 4
Drive-In Doors 4

Building Details

Building Size 40,700 SF
Buildings 1
Listing Agency: Cresco Real Estate | Cleveland
Listed By: Ryan Fisher
Source: Cushmanwakefield
Added: Jul 26 Changed: Oct 7 Last Checked: Oct 14 at 7:59PM

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 Cresco Real Estate | Cleveland

Investment Insights

Based on property information with market context.

This 28,324 SF warehouse was formerly used for furniture, mattresses, and appliances. The building includes four (4) dock doors, four (4) drive-in doors, and 18' clear height, providing a practical configuration for receiving, storage, and distribution uses. A 10,785 SF tenant is in place with lease term through 2028, while the remaining vacant area offers potential for demising.

The property is positioned along S Arlington Road, which carries nearly 14,000 VPD and provides visibility and signage opportunity. It is also located in close proximity to I-77, with surrounding retail and industrial users contributing to an established commercial setting. The combination of existing occupancy, warehouse infrastructure, and additional space supports both owner-user and investor considerations.

Key Highlights

  • 28,324 SF warehouse building
  • Four (4) dock doors and four (4) drive‑in doors
  • 18' clear height

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$160,394
Cap Rate
6.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,207,880 $3.2M
Cap Rate 7%
$2,291,343 $2.3M
Cap Rate 9%
$1,782,156 $1.8M
Market Conditions
NOI Build-Up for 28,324 SF
Gross rent
$193.7K $6.84/SF
− Vacancy
−$5.0K −$0.18/SF
EGI
$188.7K $6.66/SF
− OpEx
−$28.3K −$1.00/SF
NOI
$160.4K $5.66/SF
Area
Akron, OH
Vacancy
2.60%
Lease Rate
$6.84 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,207,880
Cap Rate 7%
$2,291,343
Cap Rate 9%
$1,782,156

Alternative Uses

Best Use
Warehouse
$2.29M
$2.00M – $2.67M (±1% cap)
NOI $160,394 @ 7.0% cap · market cap 6.37%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.95M
$6.08M – $8.11M (±1% cap)
NOI $486,567 @ 7.0% cap · market cap 19.32%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

American Freight Furniture, ... Furniture & Home Goods

Suggested Use

Top Pick Law Firm Bakery Storage Facility Electrical Service Grocery & Convenience Store Accounting Firm

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

18 ft
Clear height
4
Dock-high doors
4
Drive-in doors
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

375
Businesses Nearby
Balanced
Demand for This Use

Demographics for 44319, OH

21,833
Population
9,950
Households
2.2
Avg Household Size
48
Median Age
30%
College-Educated
96%
High-School Grad
19.0 sq mi
ZIP Area
1,149
Density / Sq Mi
$74,781
Median Household Income
$43,662
Median Earnings
$1,081
Median Rent
$188,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for 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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Similar Off Market Nearby

  • Storage Rentals of America — 2939 Chenoweth Rd, Akron, OH 44312

Frequently Asked Questions

What type of property is this?
Warehouse - Owner-user or investment warehouse with existing tenant income, flexible space configuration, and multiple loading options.
Where is this warehouse located?
The property is located at 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 warehouse building; Four (4) dock doors and four (4) drive‑in doors; 18' clear height
More about this property
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