Property summary
This exceptional 0.4-acre commercial land parcel, located at 50 S Walnut, 159-166 Walnut Terrace in Akron, Ohio (zip code 44303), presents a unique investment opportunity. Priced at $1,150,000, this property is classified as Special Purpose land and offers significant potential for development. The site is situated in Summit County, Ohio, and benefits from its convenient location near schools, shopping, and dining options, as well as major transportation routes. While the previous structure on the land was a multi-family property, fully renovated in 2020 and featuring mostly three-bedroom, one-bathroom units, this listing is solely for the land itself. The property's previous strong rental history and proximity to amenities suggest a high demand for the location, making it attractive for various commercial ventures. The previous owner's property management services were offered, and a discounted rate was available for a one-year term. This offering provides a blank canvas for a discerning investor to create a profitable commercial development in a desirable Akron neighborhood. The coordinates for the property are 41.0863139 latitude and -81.5232024 longitude.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
and get 1 Light Report
- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning