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    North St Akron, OH 44312

    Sponsored
    For Sale
    $120,000

    0.635 Acres, Near Arts District

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional development opportunity encompasses four contiguous parcels totaling 0.635 acres in Akron, Ohio, situated at West North Street, zip code 44312 (APN: 6848792, 6848791, 6848790, 6848789). The property is zoned U-1 and benefits from readily available utilities including electricity, gas, city water, and sewer. Its enviable location places it within easy reach of Akron's vibrant Northside Arts & Entertainment District, offering a wealth of dining, retail, and recreational options. Enjoy proximity to the Cascade Locks Park Association Mustill Store Museum, the Ohio & Erie Canal Towpath Trailhead at Cascade Lofts, and Lock 15. Furthermore, the Akron Northside Station of the Cuyahoga Valley Scenic Railroad is conveniently nearby. This presents a unique chance to capitalize on the area's flourishing cultural scene and robust infrastructure. The asking price for this combined land parcel is $120,000. This is an ideal site for residential development, offering significant potential for a variety of projects. Don't miss this chance to acquire a highly desirable piece of Akron real estate.

    Property Features for 0 North St

    General Information

    Property type
    Land
    Lot Size
    27,661 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Akron
    County
    Summit
    State
    Ohio
    Longitude
    -81.518270792515
    Latitude
    41.09109248161

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    FAQs

    What type of property is this?
    Land - 0.635 Acres, Near Arts District
    Where is this land located?
    The property is located at North St Akron, OH.
    What is the asking price?
    The asking price for this property is $120,000.
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    North St Akron, OH 44312
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    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

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    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
    North St Akron, OH 44312
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