Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Commerce St Tallmadge, OH 44278
    Property profile & analytics

    Commerce St, Tallmadge, OH 44278

    View on Map
    • Land
    • 0.57 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Commerce St

    Lot size
    0.57 lot acres
    Property type
    Land
    Property subtype
    Industrial properties

    Description

    This exceptional 0.57-acre commercial and industrial land parcel is strategically located on Commerce Street in Tallmadge, Ohio, offering significant development potential. The property, identified by APN numbers 6003257 and 6003256, is zoned for industrial use, providing flexibility for a variety of projects. Priced at $60,000, this represents a land value of $131,579 per acre. Its advantageous location provides easy access to major transportation arteries, including State Route 261 and State Route 91, ensuring convenient logistics and accessibility for businesses. The lot boasts impressive dimensions, measuring approximately 100 feet of frontage along Commerce Street and 248 feet in depth, providing ample space for development. This prime location in Summit County, Ohio, with its 44278 zip code, presents a rare opportunity for investors and developers seeking a well-situated industrial land parcel in a thriving area. The property's size and zoning make it suitable for a range of industrial uses, offering a strong return on investment. Don't miss this chance to acquire this valuable asset in a desirable location. Contact us today to learn more and schedule a viewing.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Tallmadge
    County
    Summit
    State
    Ohio
    Longitude
    -81.4567
    Latitude
    41.0998

    Comparable in this City

    • Value Estimation by Request
      1.31 Acres

      Eastwood Ave

      Land
      0 Eastwood Ave, Akron, OH 44278
      View Details
    • Value Estimation by Request
      1.49 Acres

      465 South Ave

      Land
      465 South Ave, Tallmadge, OH 44278
      View Details
    • Value Estimation by Request
      2.37 Acres

      187 Northwest Ave

      Land
      187 Northwest Ave, Tallmadge, OH 44278
      View Details
    • Value Estimation by Request
      0.93 Acres

      169 East Ave

      Land
      169 East Ave, Tallmadge, OH 44278
      View Details
    • Value Estimation by Request
      0.51 Acres

      Southeast Ave

      Land
      0 Southeast Ave, Tallmadge, OH 44278
      View Details
    • Value Estimation by Request
      0.98 Acres

      Metric Dr

      Land
      0 Metric Dr, Tallmadge, OH 44278
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      134,000 SF

      Tallmadge Industrial Warehouse For Sale

      134,000 SF industrial warehouse on 21.459 acres available.
      342 West Ave, Tallmadge, OH 44278
      View Details
    • Contact for pricing
      134,000 SF

      Tallmadge Warehouse and Industrial Property

      134,000 SF industrial space on 21.459 acres for sale.
      342 West Ave, Tallmadge, OH 44278
      View Details
    • Contact for pricing

      Retail Land Near Eastwood Square

      Commercial land for sale near established retail area.
      South Ave, Tallmadge, OH 44278
      View Details
    • Contact for pricing

      Industrially Zoned Land For Sale

      0.57 acres of industrially zoned land in Tallmadge, Ohio.
      Commerce St, Tallmadge, OH 44278
      View Details
    • Contact for pricing

      Commercial Land Near Tallmadge Circle

      0.93 acre commercial land with high visibility.
      169 East Ave, Tallmadge, OH 44278
      View Details

    Similar Nearby for Lease

    • $6 SF/Yr

      Tallmadge Industrial Flex Unit

      4,000 SF flex unit with warehouse and office space.
      391 Geneva Ave, Tallmadge, OH 44278
      View Details
    • Contact for pricing
      4,000 SF

      Warehouse with Office and Flex

      Warehouse space with office, dock door, and flex unit.
      391-395 Geneva Ave, Tallmadge, OH 44278
      View Details
    • Contact for pricing

      Tallmadge Flex/Industrial/Office Space Available

      Flex, industrial, and office spaces for lease in Tallmadge.
      275-277 Southwest Ave, Tallmadge, OH 44278
      View Details
    • Contact for pricing

      Commercial Land For Rent

      Commercial land available for build to suit opportunities.
      169 East Ave, Tallmadge, OH 44278
      View Details
    • Contact for pricing
      17,352 SF

      Freestanding Retail Opportunity in Tallmadge

      Former Rite Aid available for sale or lease on 2.23 AC.
      45 East Ave, Tallmadge, OH 44278
      View Details
    • Contact for pricing

      Retail Spaces in Tallmadge, OH

      Retail spaces available in established shopping center anchored by Acme.
      574 South Ave, Tallmadge, OH 44278
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Commerce St
    Tallmadge, OH 44278
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Commerce St, Tallmadge, OH, 44278
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!