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    2737 Gilchrist Rd Akron, OH 44305

    For Sale
    $825,000

    Prime Akron location, high rental income.

    Property size:
    11,960 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional executive office building at 2737 Gilchrist Road in Akron, Ohio, presents a compelling investment opportunity. The property boasts a total of 11,960 square feet situated on a 0.96-acre lot. Currently, 3,760 square feet of net rentable space is immediately available for lease, offering significant potential for expansion or additional income generation. The remaining 8,200 square feet is already occupied by a stable, long-term tenant, Ritzman Pharmacies, Inc., providing a consistent revenue stream. The building's prime location offers excellent highway access, enhancing its appeal to both users and investors seeking a property with strong potential for return. The asking price for this Akron office building is $825,000. This property is ideal for an investor seeking a blend of immediate income and future growth potential, or a business looking to establish a substantial presence in a desirable Akron location. The property is zoned for office use and is located in Summit County, Ohio, with a zip code of 44305. Detailed financial information is available upon request.

    Property Features for 2737 Gilchrist Rd

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    11,960 SF
    Lot Size
    41,818 SF

    HighLights

    • Excellent highway accessibility.
    Property Profile Location Intelligence

    Current Use by Public Records

    Roach-Reid Office Systems Electronics Store iScribe Healthcare Medical Clinic

    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
    -81.4277051
    Latitude
    41.0638439

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Akron location, high rental income.
    Where is this office property / space located?
    The property is located at 2737 Gilchrist Rd Akron, OH.
    What is the asking price?
    The asking price for this property is $825,000.
    What are key features of this property?
    This property features: Excellent highway accessibility.; ;
    Request Owner's contact information
    2737 Gilchrist Rd Akron, OH 44305
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    Akron, OH 44305
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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
    2737 Gilchrist Rd Akron, OH 44305
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