2489 Arlington Rd, Akron, OH 44319
This exceptional commercial land offering presents a unique investment opportunity in Akron, Ohio. Located at 2489 S Arlington Rd, this property encompasses a combined 0.75 to 1.21 acres, strategically situated near the new Dollar General store. Parcel A, totaling approximately 0.75 acres, boasts over 238 feet of frontage on S Arlington Rd and is zoned C-1 Commercial, ideal for various commercial ventures. The asking price for this parcel is $140,000. The property is conveniently located one mile north of I-77, ensuring excellent accessibility and visibility. The land features level topography, simplifying development plans. All necessary utilities, including sewer and water, are readily available through the Akron Jedd system. This property is situated within the Springfield Township sub-market of Akron, Summit County, Ohio, and has a 2021 tax assessment of $3,275. The zoning allows for flexibility, with Parcel A zoned C-1 Commercial and Parcel B (not included in this listing) zoned R-2 Residential. This presents potential for expansion, given the adjacent Parcel B's 1.21 acres. This prime location and versatile zoning make this an attractive opportunity for developers seeking a high-impact commercial project in a thriving area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.