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    2751 Old Home Rd Akron, OH 44312

    Sponsored
    For Sale
    $359,000

    Prime Akron location, high cap rate.

    Property size:
    3,900 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional two-story, 3,900 square foot executive office building at 2751 Old Home Rd, Akron, OH 44312 presents a compelling investment opportunity for both owner-users and investors. Built in 2000, this Class B property sits on a 0.55-acre lot and features four units with a current 65% occupancy rate. The asking price is $359,000, offering a strong 10% capitalization rate. The building boasts central air conditioning and forced-air gas heating. The roof is constructed of asphalt and fiberglass. Utilities include public sewer and private water. Conveniently located near the intersection of SR 91 and SR 224, this multi-tenant property offers excellent accessibility. The property's features include a modified lease type and is suitable for a variety of office or retail uses. The building has no basement. The property's APN is 5110144. This is a rare opportunity to acquire a well-maintained commercial property in a desirable Akron location with significant upside potential.

    Property Features for 2751 Old Home Rd

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    3,900 SF
    Class
    B
    Lot Size
    23,958 SF

    Building Details

    Year Built
    2000
    Stories
    2
    Units
    4

    HighLights

    • Commercial Office Building
    • No Basement
    • Central Air Conditioning
    • Gas Forced‑Air Heating
    • 0.55‑Acre Lot
    • Asphalt & Fiberglass Roof
    Property Profile Location Intelligence

    Current Use by Public Records

    Old Home Barber ... Barber Shop Allen School and Sports ... Photographer Ellet Injury Center Chiropractor Tellers Porta Portable Toilet Supplier Flowering Financial Financial Planner

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Akron
    County
    Summit
    State
    Ohio
    Longitude
    -81.427439
    Latitude
    41.0328749

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Akron location, high cap rate.
    Where is this office property / space located?
    The property is located at 2751 Old Home Rd Akron, OH.
    What is the asking price?
    The asking price for this property is $359,000.
    What are key features of this property?
    This property features: Commercial Office Building; No Basement; Central Air Conditioning
    (330) 835-5664
    Request Owner's contact information
    2751 Old Home Rd Akron, OH 44312
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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
    2751 Old Home Rd Akron, OH 44312
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