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    Romig Rd Akron, OH 44320

    For Sale
    $90,000

    Prime Akron land, ideal for residential or retail development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 5.8-acre parcel, located on Romig Road in Akron, Ohio (Summit County, zip code 44320), presents a compelling development opportunity. The property, identified by APN 6712657, is zoned UPD-16, allowing for a range of uses. The asking price is $90,000. The site boasts convenient access to major transportation arteries, including I-77 and I-76, enhancing its appeal for various projects. Furthermore, the potential exists for expansion, with approximately 13.666 adjacent acres available, totaling roughly 19.466 acres. This presents a unique opportunity to acquire a larger contiguous land holding. Public water and sewer services are readily available, simplifying infrastructure needs. The property's multiple access points offer flexibility in design and development plans, catering to both single-family and multi-family residential projects, as well as various retail uses as outlined in zoning codes 153.245 & 153.270. This location offers significant potential for investors seeking to capitalize on Akron's growing market. Don't miss this chance to acquire a strategically located land parcel with substantial development potential.

    Property Features for 0 Romig Rd

    General Information

    Property type
    Land
    Lot Size
    252,648 SF

    HighLights

    • 5.8‑acre development parcel in Akron, OH (Summit County, 44320), APN 6712657.
    • Zoned UPD‑16, allowing diverse uses.
    • Asking price: $90,000.
    • Excellent access to I‑77 and I‑76.
    • Potential for expansion to ~19.5 acres with adjacent land available.
    • Public water and sewer available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Akron
    County
    Summit
    State
    Ohio
    Longitude
    -81.5807106
    Latitude
    41.048723

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    FAQs

    What type of property is this?
    Land - Prime Akron land, ideal for residential or retail development.
    Where is this land located?
    The property is located at Romig Rd Akron, OH.
    What is the asking price?
    The asking price for this property is $90,000.
    What are key features of this property?
    This property features: 5.8-acre development parcel in Akron, OH (Summit County, 44320), APN 6712657.; Zoned UPD-16, allowing diverse uses.; Asking price: $90,000.
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    Akron, OH 44320
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Romig Rd Akron, OH 44320
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