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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

50 Southeast Ave Tallmadge, OH 44278

16,161 SF 0.76 ac lot Built 1949
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a 16,161 square foot multi-tenant retail and office building situated on a 0.76-acre lot at 50 Southeast Avenue in Tallmadge, Ohio. Built in 1949, this single-story Class C property boasts a highly desirable location, seconds from Tallmadge Circle and downtown Tallmadge. The property's strategic position offers unparalleled access to major transportation arteries, including State Routes 261 and 91, with convenient proximity to I-76 (5 minutes) and State Route 8 (8 minutes). Currently, approximately 13,000 square feet of retail space is available for lease. The property benefits from its location adjacent to a bike trail, soon to connect Cleveland and Akron, and its proximity to Goodyear Heights and Munroe Falls Metro Parks. Furthermore, the City of Tallmadge offers economic development incentives, making this an attractive investment opportunity with significant potential for growth and return. The property's APN is 6010557. This is a rare chance to acquire a well-positioned commercial property in a thriving Ohio community, within easy reach of the University of Akron and Kent State University.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1949
Total area 16,161 SF
Lot 0.76 ac (33,106 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Classic Carpet & Flooring Carpet & Flooring Store
  • UPS Authorized Shipping Provider Courier Service Postal Service
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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