0 Buena Vista Dr, Akron, OH 44319
This exceptional 1.96-acre commercial land parcel presents a unique investment opportunity in New Franklin, Ohio. Strategically located near the intersection of Buena Vista Drive and Archmere Drive, this property offers significant development potential. The site is conveniently situated just one mile north of I-77, providing easy access to major transportation routes. The property is comprised of two parcels: Parcel A, encompassing approximately 0.75 acres with over 238 feet of frontage on South Arlington Road, is zoned C-1 Commercial. Parcel B, approximately 1.21 acres, fronts Buena Vista Drive and Archmere Drive and is currently zoned R-2 Residential. There's potential to expand the acreage. The land boasts a level topography and is served by Akron Jedd utilities, including sewer and water. Adjacent to a newly constructed Dollar General store, this location benefits from high visibility and strong commercial activity. The 2021 property taxes were $3,275. The asking price for Parcel B is $50,000. This property is ideally suited for commercial development within the Springfield Township submarket.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.