Property profile

721 Cleveland Massillon Rd Akron, OH 44333

OFF-MARKET
Land
1.08 ac lot
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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

Location

721 Cleveland Massillon Rd Akron, OH 44333
Akron metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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