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    Industrial Property with Tenant Income Title is generated by Realmo AI

    2655 S Arlington Rd, Akron, OH

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    28,324 SF property with tenant income until 2028.

    Type:RETAIL
    Property size:
    28,324 SF
    Lot size:
    1.76 Acres
    Price / SF:
    $88/SF
    Added:
    Sep 30, 2025
    Days on Market:
    258
    Last Refresh:
    May 19 at 8:31 pm

    Property Features for 2655 S Arlington Rd

    General Information

    Standard status
    Active
    Size
    28,324 SF
    Lot size
    1.76 Acres
    Property subtype
    RETAIL

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    Listing Contact
    Ryan Fisher
    Ryan Fisher

    Listing agent Ryan Fisher

    Listing office Cresco Real Estate | Cleveland

    Listing date Sep 30, 2025

    Source Moodyscre

    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

    HighLights

    • Ideal for owner/user or investor with existing income from a tenant occupying 10,785 SF with a lease term until 2028, plus the potential to demise the vacant space.
    • Excellent visibility and signage opportunities on S Arlington Road with nearly 14,000 vehicles per day.
    • Convenient access to I‑77.
    • Equipped with four (4) docks and four (4) drive‑in doors.
    • 28,324 SF former furniture, mattress, and appliance store.
    • 18’8” clear height.

    Overview

    This 28,324 square foot property, formerly a furniture, mattress, and appliance store, is located in close proximity to I-77. It features four docks and four drive-in doors, with a clear height of 18 feet 8 inches. Situated along S Arlington Road, the property benefits from high visibility and signage opportunities, with nearly 14,000 vehicles per day. The property is suitable for an owner/user or investor, offering income from a 10,785 square foot tenant with a lease term extending until 2028, along with the potential to divide the vacant space. The surrounding area includes a mix of retail and industrial users, supporting a strong tenant mix.

    Local Financial Insights For Warehouse

    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 $193.7k $6.84
    − Vacancy −$5.0k −$0.18
    EGI $188.7k $6.66
    − OpEx −$28.3k −$1.00
    NOI $160.4k $5.66
    28,324 SF · lease $6.84/SF/yr · vacancy 2.60% · expense 15.00%

    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
    Industrial
    $1.89M
    $1.65M – $2.20M (±1% cap)
    NOI $132,089 @ 7.0% cap · market cap 5.24%
    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 local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    American Freight Furniture, ... Furniture & Home Goods

    Suggested Use

    Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

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

    Location Insight

    • Map
    • Local Demand
    City
    Akron
    County
    Summit
    State
    Ohio
    Longitude
    -81.4916
    Latitude
    40.9987

    FAQs

    What type of property is this?
    Warehouse - 28,324 SF property with tenant income until 2028.
    Where is this warehouse located?
    The property is located at 2655 S Arlington Rd 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: Ideal for owner/user or investor with existing income from a tenant occupying 10,785 SF with a lease term until 2028, plus the potential to demise the vacant space.; Excellent visibility and signage opportunities on S Arlington Road with nearly 14,000 vehicles per day.; Convenient access to I‑77.
    (216) 525-1497 Call to check price and availability
    More about this property
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