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0 V/L Romig Rd Akron, OH 44320

OFF-MARKET Land Google Maps
5.8 ac lot
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 5.8-acre parcel, located in Akron, Ohio (APN 67-12657), presents a compelling development opportunity. Zoned Akron UPD-16 and Akron U-1, this property offers significant potential for various uses. The land, priced at $90,000 ($15,517.24/acre), boasts multiple access points, making it ideal for single-family or multi-family residential development. Additionally, zoning codes 153.245 and 153.270 allow for other retail uses. Conveniently situated near the intersection of I-77 and I-76, this location provides excellent accessibility. Further enhancing its appeal, this 5.8-acre lot is adjacent to an additional approximately 13.666 acres, totaling approximately 19.466 acres, creating an even larger development potential. Public water and sewer services are readily available, simplifying infrastructure needs. This prime location and versatile zoning make this property an attractive investment for developers seeking a strategic foothold in the Akron market. The address is V/L Romig Rd, Akron, OH 44320.

Property profile

Verified
Property type Land
Lot 5.8 ac (252,648 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

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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