0 Buena Vista Dr, Akron, OH 44319
This exceptional 1.93-acre commercial land parcel presents a compelling investment opportunity in New Franklin, Ohio. Strategically located near the intersection of Buena Vista Drive and S. Arlington Road, this property offers significant development potential. The site is conveniently situated just one mile north of I-77, ensuring excellent accessibility and visibility. The property is comprised of two parcels: Parcel A, encompassing approximately 0.75 acres with over 238 feet of frontage on S. Arlington Road, is zoned C-1 Commercial. Parcel B, totaling approximately 1.21 acres, boasts frontage on both Buena Vista Drive and Archmere Drive and is currently zoned R-2 Residential. The level topography simplifies development, and the property benefits from Akron Jedd sewer and water utilities. The existing zoning allows for a variety of commercial uses, and there's potential to expand the acreage. This property is adjacent to a new Dollar General store, further enhancing its desirability. The asking price for Parcel B is $50,000, and the 2021 property taxes were $3,275. This prime location in the Springfield Township sub-market makes this an ideal site for commercial development.
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.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.