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    Buena Vista Dr Akron, OH 44319

    Sponsored
    For Sale
    $50,000

    1.96 Acres, Prime Development Site

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.96-acre commercial land parcel presents a unique investment opportunity in New Franklin, Ohio. Strategically located near the intersection of Buena Vista Drive and Archmere Drive, this property offers significant development potential. The site is conveniently situated just one mile north of I-77, providing easy access to major transportation routes. The property is comprised of two parcels: Parcel A, encompassing approximately 0.75 acres with over 238 feet of frontage on South Arlington Road, is zoned C-1 Commercial. Parcel B, approximately 1.21 acres, fronts Buena Vista Drive and Archmere Drive and is currently zoned R-2 Residential. There's potential to expand the acreage. The land boasts a level topography and is served by Akron Jedd utilities, including sewer and water. Adjacent to a newly constructed Dollar General store, this location benefits from high visibility and strong commercial activity. The 2021 property taxes were $3,275. The asking price for Parcel B is $50,000. This property is ideally suited for commercial development within the Springfield Township submarket.

    Property Features for 0 Buena Vista Dr

    General Information

    Property type
    Land
    Lot Size
    85,378 SF

    HighLights

    • Price: $90,000 (Parcel A) & $50,000 (Parcel B)
    • 2021 Property Taxes: $3,275
    • 1.96 Acres (Parcel A: ~0.75 acres, Parcel B: ~1.21 acres)
    • Excellent Location: 1 Mile North of I‑77
    • Level Topography
    • Zoning: C‑1 Commercial & R‑2 Residential
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Akron
    County
    Summit
    State
    Ohio
    Longitude
    -81.487749
    Latitude
    41.0026673

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    FAQs

    What type of property is this?
    Land - 1.96 Acres, Prime Development Site
    Where is this land located?
    The property is located at Buena Vista Dr Akron, OH.
    What is the asking price?
    The asking price for this property is $50,000.
    What are key features of this property?
    This property features: Price: $90,000 (Parcel A) & $50,000 (Parcel B); 2021 Property Taxes: $3,275; 1.96 Acres (Parcel A: ~0.75 acres, Parcel B: ~1.21 acres)
    (330) 535-2661
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    Buena Vista Dr Akron, OH 44319
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    Akron, OH 44319
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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
    Buena Vista Dr Akron, OH 44319
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