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    OFF-MARKET
    Land

    721 Cleveland Massillon Rd, Akron, OH 44333

    1.08 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1.08-acre parcel is situated in Fairlawn, Ohio, at 721 Cleveland Massillon Rd, zip code 44333. The property boasts approximately 120 feet of frontage on Cleveland Massillon Road, providing excellent visibility and exposure for potential development. Currently zoned R-1, this land offers significant potential. The city's future plans include rezoning to B-4, allowing for office or research use, a designation perfectly aligned with the surrounding office buildings and parks. This strategic location offers easy access to I-77, enhancing its appeal for businesses seeking convenient transportation links. The property's APN is 0901227. Note that an adjacent 1.78-acre parcel is also available for purchase, presenting an opportunity to acquire a combined 2.86 acres. The asking price for this 1.08-acre lot is $135,000. This represents a compelling investment opportunity in a thriving area.

    Property profile
    Verified
    Property type Land
    Lot 1.08 ac (47,045 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
    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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