Property profile

3163-3191 Cleveland-Massillon Rd Barberton, OH 44203

OFF-MARKET
Land
2.5 ac lot
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Property summary

AI-generated overview

This exceptional 2.5-acre commercial land parcel, located in Barberton, Ohio, at 3163-3191 Cleveland-Massillon Rd (Norton, Summit County, zip code 44203), presents a remarkable opportunity for development. Zoned B-2 Neighborhood Business District, this property boasts ±521 feet of frontage on Wadsworth Road/SR-261 and a depth of approximately 176 feet. Its strategic location offers convenient access to major transportation arteries, being only 0.8 miles from I-76 and 1.3 miles from SR-21. The site is equipped with readily available sewer and electric utilities. Ideal for a variety of uses, including a convenience store, retail plaza, or professional/medical office building. The asking price is $499,000, but the seller will also consider a land lease. Approved stamped drawings for a 30,000 square foot professional office building are available for purchase. The property is also divisible into two 1.25-acre lots, each priced at $249,500. Annual property taxes are $3,068.32. This is a truly exceptional opportunity to acquire a highly desirable commercial property in a thriving location.

Property profile

Verified
Property type Land
Lot 2.5 ac (108,900 SF)

Cap rate & NOI

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

Location

3163-3191 Cleveland-Massillon Rd Barberton, OH 44203
Barberton 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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