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    801 Wolf Ledges Pkwy Akron, OH 44311

    Sponsored
    For Sale
    $175,000

    Prime Akron restaurant location. High traffic, excellent visibility.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional commercial property, located at 801 Wolf Ledges Parkway in Akron, Ohio, presents a unique investment opportunity. The 0.4494-acre lot is zoned U-4 Commercial, providing flexibility for various uses. Its strategic location boasts high visibility and significant traffic volume, with 7,158 vehicles passing daily on nearby East South Street. Priced at $175,000, this property offers substantial potential for a thriving restaurant business or similar commercial venture. The address is easily accessible and situated within Summit County, Ohio, zip code 44311. The property's size and zoning make it ideal for a variety of commercial uses, capitalizing on the high traffic count and excellent visibility. This is a rare opportunity to acquire a well-positioned commercial lot in a desirable Akron location. Serious inquiries are encouraged to explore the possibilities this property offers. The property is ready for immediate development or redevelopment, presenting a strong return on investment for the right buyer. The location's high traffic volume ensures significant exposure for any business operating from this address.

    Property Features for 801 Wolf Ledges Pkwy

    General Information

    Property type
    Restaurants

    HighLights

    • $175,000 asking price.
    • Land and retail property zoned U‑4 Commercial.
    • 0.4494 acres.
    • 7,158 vehicles per day on nearby East South Street.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Akron
    County
    Summit
    State
    Ohio
    Longitude
    -81.5187341
    Latitude
    41.0620194

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    FAQs

    What type of property is this?
    Restaurant - Prime Akron restaurant location. High traffic, excellent visibility.
    Where is this restaurant located?
    The property is located at 801 Wolf Ledges Pkwy Akron, OH.
    What is the asking price?
    The asking price for this property is $175,000.
    What are key features of this property?
    This property features: $175,000 asking price.; Land and retail property zoned U-4 Commercial.; 0.4494 acres.
    Request Owner's contact information
    801 Wolf Ledges Pkwy Akron, OH 44311
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    Akron, OH 44311
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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
    801 Wolf Ledges Pkwy Akron, OH 44311
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