Small Industrial Building with
For Sale
Contact for pricing
520 N Arlington Street, Akron, OH 44305
Industrial building with room to expand on 4.4 acres, suited for light manufacturing, logistics, or contractor/fleet operations.
Property Size13,700 SF
Lot Size4.40 Acres
Price / SF$62.04
Days on Market89
Property Features for 520 N Arlington Street
General Information
Standard status
Active
Size
13,700 SF
Lot size
4.40 Acres
Property subtype
Industrial
Zoning
U-5 Ordinary Industry
Investment Type
Value Add
Additional Details
Highway Access
Yes
Building Details
Year Built
1956
Buildings
2
Listing Agency:
Cushman & Wakefield | CRESCO Real Estate
Listed By:
George Pofok · License #OH SAL.0000432922
(216) 525-1469
Source:
Crexi
Added: Jul 26
Changed: Oct 12
Last Checked: Oct 20 at 6:46PM
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
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Investment Insights
Based on property information with market context.
Industrial building totaling 13,700 square feet situated on 4.4 acres. The offering is described as well-suited for light manufacturing, logistics, contractor, or fleet operations, with outside storage and expansion capability noted as key attributes of the site.
The property is located in Akron with close proximity to Route 8 and Interstates I-77 and I-76, supporting practical access for day-to-day operations.
For buyers seeking an owner-user setup or an investment strategy, the current situation is described as having an existing tenant paying below-market rent.
The property is located in Akron with close proximity to Route 8 and Interstates I-77 and I-76, supporting practical access for day-to-day operations.
For buyers seeking an owner-user setup or an investment strategy, the current situation is described as having an existing tenant paying below-market rent.
Key Highlights
- 13,700 SF industrial building on 4.4 acres
- Located in Akron with close proximity to Route 8, I‑77, and I‑76
- Designed for light manufacturing, logistics, contractor, or fleet operations
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$63,890
Cap Rate
7.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,277,800
$1.3M
Cap Rate 7%
$912,714
$912.7K
Cap Rate 9%
$709,889
$709.9K
Market Conditions
NOI Build-Up for 13,700 SF
Gross rent
$93.7K $6.84/SF
− Vacancy
−$2.4K −$0.18/SF
EGI
$91.3K $6.66/SF
− OpEx
−$27.4K −$2.00/SF
NOI
$63.9K $4.66/SF
Area
Akron, OH
Vacancy
2.60%
Lease Rate
$6.84 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,277,800
Cap Rate 7%
$912,714
Cap Rate 9%
$709,889
Alternative Uses
Best Use
Industrial
$912.7K
$798.6K – $1.06M
NOI $63,890 @ 7.0% cap · market cap 7.52%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.36M
$2.94M – $3.92M
NOI $235,347 @ 7.0% cap · market cap 27.69%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,488
Businesses Nearby
Explore this area
Business Placement
Demographics for 44305, OH
21,214
Population
10,230
Households
2.1
Avg Household Size
38
Median Age
17%
College-Educated
88%
High-School Grad
6.7 sq mi
ZIP Area
3,166
Density / Sq Mi
$55,909
Median Household Income
$37,409
Median Earnings
$974
Median Rent
$89,900
Median Home Value
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Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Manufacturing property - Industrial building with room to expand on 4.4 acres, suited for light manufacturing, logistics, or contractor/fleet operations.
Where is this manufacturing property located?
The property is located at 520 N Arlington Street Akron, OH.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 13,700 SF industrial building on 4.4 acres; Located in Akron with close proximity to Route 8, I‑77, and I‑76; Designed for light manufacturing, logistics, contractor, or fleet operations
