278 S Cleveland Massillon Rd Akron, OH 44333
1,706 SF property on 1.36 acres in Copley, Ohio.
Property Features for 278 S Cleveland Massillon Rd
General Information
- Standard status
- Active
- Size
- 1,706 SF
- Lot size
- 1.36 Acres
- Property subtype
- Office, Retail
Listing office Hoff & Leigh Fairlawn (330) 573-5933
Listing date Jun 15, 2024
Source Crexi
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 Hoff & Leigh Fairlawn
Investment Insights
Based on property information with market context.
Key Highlights
- 1.36 acres of land
- 1,706 SF converted home with flexible layout featuring 3 large activity rooms and 3 smaller rooms
- Located in Copley, just south of W. Market Street on S. Cleveland Massillon Road
Local Financial Insights For Office B
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 | $28.9k | $16.92 |
| − Vacancy | −$2.0k | −$1.15 |
| EGI | $26.9k | $15.77 |
| − OpEx | −$6.7k | −$3.94 |
| NOI | $20.2k | $11.83 |
Alternative Uses
Property Analytics
Current Use by Public Records
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Similar Off Market Nearby
- Almost Mom Child Development Care Center — 258 S Cleveland Massillon Rd, Fairlawn, OH 44333
- Kids At Heart Preschool & Child Care Center — 186 S Cleveland Massillon Rd, Akron, OH 44333
- Fairlawn Village Preschool — 3300 Morewood Rd, Akron, OH 44333
- Akron Montessori School — 3882 Bywood Ave, Fairlawn, OH 44333