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    747 Arlington St Akron, OH 44306

    For Sale
    $189,000

    High-traffic corner lot, redevelopment potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 0.38-acre retail property in Akron, Ohio, presents a unique investment opportunity. Situated on a high-traffic corner lot at 747 S Arlington St, this property boasts excellent visibility and accessibility. The site currently includes a house and a separate garage/shop, both of which can be removed to create additional space for expansion or redevelopment. The existing garage features a recently installed door and updated lighting. The property's three parcels offer flexibility for various commercial ventures. Its strategic location provides convenient access to I-76 and Downtown Akron, ensuring high foot and vehicle traffic. This prime location, combined with the potential for significant expansion or redevelopment, makes this a compelling investment for discerning buyers seeking a high-return opportunity in a thriving Ohio market. The asking price is $189,000. The property's zoning and potential uses should be independently verified.

    Property Features for 747 Arlington St

    General Information

    Property type
    Individual retail properties
    Lot Size
    16,553 SF

    HighLights

    • High‑traffic corner lot in Akron, OH, totaling 0.38 acres.
    • Existing house and garage/shop allow for lot expansion or shop enlargement.
    • Garage features a new door and updated lighting.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Clothing Store Building Supply Gym & Fitness Accounting Firm Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Akron
    County
    Summit
    State
    Ohio
    Longitude
    -81.4906747
    Latitude
    41.0517073

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    FAQs

    What type of property is this?
    Individual retail property - High-traffic corner lot, redevelopment potential.
    Where is this individual retail property located?
    The property is located at 747 Arlington St Akron, OH.
    What is the asking price?
    The asking price for this property is $189,000.
    What are key features of this property?
    This property features: High-traffic corner lot in Akron, OH, totaling 0.38 acres.; Existing house and garage/shop allow for lot expansion or shop enlargement.; Garage features a new door and updated lighting.
    Request Owner's contact information
    747 Arlington St Akron, OH 44306
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    Akron, OH 44306
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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
    747 Arlington St Akron, OH 44306
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