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    2523 Romig Rd Akron, OH 44320

    Sponsored
    For Sale
    Contact for pricing

    Prime Akron location, former restaurant site.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 1.2-acre commercial land parcel in Akron, Ohio, presents a unique investment opportunity. Located at 2523 Romig Rd, Summit County, zip code 44320 (41.0455759, -81.5801448), the property is zoned UPD-46 and offered fee simple. The site previously housed a Long John Silver's restaurant with a drive-thru, and features a pylon sign. Its strategic location offers significant advantages, including proximity to a major Amazon distribution center, placing it within a high-traffic area with 12,403 vehicles daily passing on Romig Road. The surrounding area boasts strong demographics, with 6,100 people within one mile, 57,812 within three miles, and 152,296 within five miles. Nearby businesses include Taco Bell, ALDI, and McDonald's, ensuring high daytime traffic and visibility. Utilities are readily available. This versatile property is ideal for a variety of commercial uses and represents a compelling opportunity for businesses seeking a high-visibility location with excellent access and strong surrounding demographics. The property is conveniently located near a bus line.

    Property Features for 2523 Romig Rd

    General Information

    Property type
    Land
    Lot Size
    52,272 SF

    HighLights

    • 1.2‑acre commercial land parcel for sale by owner.
    • Former Long John Silver's location with existing drive‑thru.
    • Conveniently located near a bus line.
    • Features a prominent pylon sign.
    • Outparcel to an Amazon distribution center.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Akron
    County
    Summit
    State
    Ohio
    Longitude
    -81.5801448
    Latitude
    41.0455759

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    FAQs

    What type of property is this?
    Land - Prime Akron location, former restaurant site.
    Where is this land located?
    The property is located at 2523 Romig Rd Akron, OH.
    What are key features of this property?
    This property features: 1.2-acre commercial land parcel for sale by owner.; Former Long John Silver's location with existing drive-thru.; Conveniently located near a bus line.
    Request Owner's contact information
    2523 Romig Rd Akron, OH 44320
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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
    2523 Romig Rd Akron, OH 44320
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