Property profile

1038 Ghent Rd Akron, OH 44333

OFF-MARKET
Retail properties & Spaces
5,000 SF 1.21 ac lot
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Property summary

AI-generated overview

This exceptional 1.21-acre parcel located at 1038 Ghent Road in Akron, Ohio, presents a unique redevelopment opportunity for a quick-service restaurant (QSR). Currently zoned for commercial use, the property boasts a substantial 5,000 square feet and is priced competitively at $499,000, or $99.80 per square foot. The site's high-traffic location adjacent to Interstate 77 ensures significant visibility and accessibility for potential businesses. The property includes two existing residential structures that require demolition, providing a clean slate for new construction tailored to QSR needs. The property's APN is 0407234. This prime location in Summit County, Ohio, with its zip code 44333, offers unparalleled potential for a thriving QSR establishment. The existing structures are slated for demolition, making this a truly turnkey redevelopment project. The property's size and location make it an ideal investment for entrepreneurs seeking a high-visibility, high-traffic location to establish a successful QSR business. This is a rare opportunity to acquire a significant piece of commercial real estate in a rapidly growing area. The asking price reflects the significant potential for return on investment. Serious inquiries are encouraged.

Property profile

Verified
Property type Retail properties & Spaces
Total area 5,000 SF
Lot 1.21 ac (52,708 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1038 Ghent Rd Akron, OH 44333
Akron metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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