Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1050-1056 Eagon St Barberton, OH 44203
    Back to Search
    Property profile & analytics

    1050-1056 Eagon St, Barberton, OH 44203

    View on Map
    • Warehouses
    • 17,298 SF
    • 0.91 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 1050-1056 Eagon St

    Year built
    1957
    Lot size
    0.91 lot acres
    Property type
    Warehouses
    Property subtype
    Office Spaces

    Description

    This exceptional single-tenant retail property, located at 51 N Orlando Avenue in the heart of Downtown Cocoa Beach, offers 1,820 square feet of versatile commercial space. The property sits on a 0.1-acre lot (APN: 25-37-11-Db-00100.0-0027.00) and boasts a well-designed layout perfect for a variety of businesses. Features include a welcoming reception area, a spacious studio/showroom area ideal for showcasing products or services, a convenient kitchenette, two private office areas for administrative tasks, ample storage space, and a half bathroom. The property benefits from its prime location, experiencing high foot traffic and vehicular traffic counts due to its proximity to a parking garage and numerous surrounding restaurants and shops. This presents a unique opportunity for businesses seeking high visibility and accessibility in a thriving downtown area. The property's layout is efficient and well-maintained, offering immediate occupancy for a new tenant. This is a turn-key opportunity to establish or expand your business in a vibrant and desirable location. Don't miss this chance to secure a prominent retail space in the bustling Cocoa Beach commercial district.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Barberton
    County
    Summit
    State
    Ohio
    Longitude
    -81.5796
    Latitude
    41.0312

    Comparable in this City

    • Value Estimation
      $21,190,000
      249,954 SF

      2811 Eastern Rd

      WAREHOUSE, STORAGE
      2811 Eastern Rd, Barberton, OH 44203-3911
      View Details
    • Value Estimation by Request
      16,380 SF

      5566 Wooster W Rd

      WAREHOUSE, STORAGE
      5566 Wooster W Rd, Barberton, OH 44203
      View Details
    • Value Estimation by Request
      4,992 SF

      1198 Coventry Rd

      WAREHOUSE, STORAGE
      1198 Coventry Rd, Barberton, OH 44203-1200
      View Details
    • Value Estimation
      $3,325,000
      126,176 SF

      25 Foundation Pl

      WAREHOUSE, STORAGE
      25 Foundation Pl, Barberton, OH 44203-3520
      View Details
    • Value Estimation by Request
      129,860 SF

      77 2nd SW St

      WAREHOUSE, STORAGE
      77 2nd SW St, Barberton, OH 44203-2645
      View Details
    • Value Estimation by Request
      5,600 SF

      700 Wooster N Rd

      MINI-WAREHOUSE, STORAGE
      700 Wooster N Rd, Barberton, OH 44203-1850
      View Details

    Similar Nearby for Sale

    • $550,000

      Industrial Buildings with Outdoor Storage

      Three industrial buildings totaling 20,770 SF with outdoor storage.
      425 Fairview Ave, Barberton, OH 44203
      View Details
    • Contact for pricing

      Barberton Industrial Facility For Sale

      Versatile industrial facility in Barberton, Ohio, with office and warehouse.
      122 East Tuscarawas Ave, Barberton, OH 44203
      View Details
    • Contact for pricing
      17,298 SF

      Barberton Manufacturing Facility with Cranes

      17,298 SF manufacturing facility with office and warehouse space.
      1050-1056 Eagon St, Barberton, OH 44203
      View Details
    • $1,200,000
      6,000 SF

      Barberton Industrial/Flex Space Available

      Versatile 6,000 SF industrial facility in Barberton, Ohio.
      95 16Th St SW, Barberton, OH 44203
      View Details
    • Contact for pricing
      17,298 SF

      Barberton Industrial Property with Cranes

      Industrial property featuring cranes and seller financing in Barberton, Ohio.
      1050-1056 Eagon St, Barberton, OH 44203
      View Details
    • Contact for pricing
      6,000 SF

      Barberton Industrial/Office Building For Sale

      6,000 sq ft industrial/office building in Barberton, Ohio.
      95 16Th St SW Barberton Ohio 44203, Barberton, OH 44203
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      11,746 SF

      Barberton Industrial Property with Storage

      6.75-acre industrial property with multiple buildings and outdoor storage.
      250 S Van Buren Ave, Barberton, OH 44203
      View Details
    • Contact for pricing
      78,800 SF

      Barberton Industrial Space Sublease

      Climate-controlled industrial space with office, fully racked, and secured.
      30 Foundation Pl, Barberton, OH 44203
      View Details
    • $1,450 /Mo
      231,739 SF

      New Insulated Building For Lease

      New insulated building with overhead doors, suitable for various businesses.
      1904 Wadsworth Rd, Norton, OH 44203
      View Details
    • Contact for pricing

      Norton Land Near Health Center

      Land with high visibility and easy access near I-76.
      3300 Greenwich Rd, Norton, OH 44203
      View Details
    • Contact for pricing
      1,200 SF

      Move-In Ready Office Space

      Office space featuring multiple offices, bathrooms, and conference room.
      105 5Th St SE, Barberton, OH 44203
      View Details
    • Contact for pricing

      Modern Medical Office Space

      Well-designed medical office space suitable for healthcare professionals.
      169 5Th St SE, Barberton, OH 44203
      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.
    1050-1056 Eagon St
    Barberton, OH 44203
    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1050-1056 Eagon St, Barberton, OH, 44203
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!