Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    100 Turkeyfoot Lake Rd Akron, OH 44319

    • Land
    • 4.67 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 100 Turkeyfoot Lake Rd

    Lot size
    4.67 lot acres
    Property type
    Land

    Description

    Exceptional 4.67-acre commercial land opportunity in Akron, Ohio, located at 100 East Turkeyfoot Lake Road (APN 2805785). This high-visibility property boasts 816 feet of frontage on SR-619 and depths ranging from 100 to 270 feet. Situated near the intersection of S. Main St. and E. Turkeyfoot Lake Rd., next to "Main & Main" in Portage Lakes, this parcel offers significant development potential. The property is zoned B-1 (General Business District), allowing for a variety of commercial uses. A Lamar billboard is currently situated on the site, adding to its visibility and potential revenue streams. The asking price is $195,000, with annual property taxes of $3,148.20 (2023). An adjacent corner lot with a small commercial building is also available for purchase separately. This presents a unique chance to acquire a substantial commercial land parcel in a prime Akron location. The property's size, zoning, and high visibility make it an ideal investment for developers and businesses seeking a prominent presence in a thriving area.

    Value Estimations

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Akron
    County
    Summit
    State
    Ohio
    Longitude
    -81.5197
    Latitude
    40.9766

    Comparable in this City

    • Value Estimation by Request
      1.93 Acres

      Buena Vista Dr

      Land • 1.93 Acres
      0 Buena Vista Dr, Akron, OH 44319
      View Details
    • Value Estimation by Request
      1.96 Acres

      Buena Vista Dr

      Land • 1.96 Acres
      0 Buena Vista Dr, Akron, OH 44319
      View Details
    • Value Estimation by Request

      4045 Main St

      Land
      4045 Main St, Akron, OH 44319
      View Details
    • Value Estimation by Request
      1.00 Acre

      3234-3254 Manchester Rd

      Land • 1.00 Acre
      3234-3254 Manchester Rd, Akron, OH 44319
      View Details
    • Value Estimation by Request
      1.51 Acres

      594/2996 3000 Shook/Kemble St

      Multifamily properties • 1.51 Acres
      594/2996 3000 Shook/Kemble St, Akron, OH 44319
      View Details
    • Value Estimation by Request
      0.75 Acres

      2489 Arlington Rd

      Land • 0.75 Acres
      2489 Arlington Rd, Akron, OH 44319
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1.00 Acre

      Prime Akron Outlot for Lease

      ±1-acre commercial outlot near Portage Lakes.
      4045-4049 Main St, Akron, OH 44319
      View Details
    • $50,000
      1.96 Acres

      Akron Commercial Land - $50,000

      1.96 Acres, Prime Development Site
      0 Buena Vista Dr, Akron, OH 44319
      View Details
    • $140,000
      0.75 Acres

      Akron Commercial Land - $140,000

      Prime Akron development site, C-1 & R-2 zoning.
      2489 Arlington Rd, Akron, OH 44319
      View Details
    • $50,000
      1.93 Acres

      Buena Vista Commercial Land

      1.93 Acres, Prime Development Site
      0 Buena Vista Dr, Akron, OH 44319
      View Details
    • $1,100,000
      0.72 Acres

      Prime Akron Commercial Land

      Three parcels, Main Street frontage, lake view.
      3830 Main St, Akron, OH 44319
      View Details
    • $799,700
      1.51 Acres

      Akron Multifamily Investment Opportunity

      Seven-unit rental portfolio, 1.5 acres
      594/2996 3000 Shook/Kemble St, Akron, OH 44319
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      36,590 SF

      Portage Lake Commons: Prime Commercial Land

      High-traffic commercial land, build-to-suit option.
      3030 Manchester Rd, Akron, OH 44319
      View Details
    • Contact for pricing
      213,119 SF

      Portage Lakes Plaza Retail Land

      Akron, OH retail land investment opportunity.
      3235 Manchester Rd, Akron, OH 44319
      View Details
    • $8 SF/Yr
      65,600 SF

      South Main Centre Retail Opportunity

      Akron, OH: Prime Retail Space Available
      4045-4049 Main St, Akron, OH 44319
      View Details
    • Contact for pricing

      Commercial Land For Rent

      1.16 acre commercial land available for rent.
      497 E Waterloo Rd, Akron, OH 44319
      View Details
    • $20 SF/Yr
      16,007 SF

      Akron Office Space for Lease

      Prime Akron office suites, renovated 2022.
      445 Turkeyfoot Lake Rd, Akron, OH 44319
      View Details
    • $11 SF/Yr
      600 SF

      Akron Retail/Office Space

      600 sq ft, high-traffic location, $575/month.
      3442 Manchester Rd, Akron, OH 44319
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    100 Turkeyfoot Lake Rd
    Akron, OH 44319
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.