Property profile

5461 Manchester Rd New Franklin, OH 44319

OFF-MARKET
Commercial real estate
Property ID
US66-1355666
19,340 SF 8.36 ac lot Built 1963
Entity Owned 9-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1963
Total area 19,340 SF
Lot 8.36 ac (364,162 SF)
APN 23-04234
UPID US66-1355666

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
  • Discount Store Clothing & Fashion Store
  • Atm

Location

5461 Manchester Rd New Franklin, OH 44319-4208
New Franklin metro Census 531601 AKRON, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.64M
Blend (final) Blend
$340k

Owner & transaction history

since 2017
5 recorded transactions
2019
Price N/A
2018
Price N/A
2017
Price N/A
2017
$382,000
2003
$755,000

Zoning & alternative use

Top alternative use upside
Medical building $2.1M +15.5%
Restaurant $2.1M +12.3%
Auto repair, garage $1.9M +5.6%

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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