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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

262 South St Akron, OH 44311

9,180 SF 0.67 ac lot Built 2007
Property ID
Property summary
AI-generated overview

This 9,180 square foot vacant retail building, built in 2007, presents a unique investment opportunity in Akron, Ohio. Formerly a Family Dollar, this Class C property boasts a prime location at 262 E South St, conveniently situated near Route 8, between Interstate 77 and E. South Street, benefiting from high daily traffic counts exceeding 137,000 vehicles. The 0.67-acre lot (APN 6758855) is zoned for retail use and offers significant potential for various commercial ventures. The property's strategic location places it within a 5-mile radius of major attractions and institutions, including Summa Health System, The University of Akron, Canal Park, and the Akron Zoo, ensuring high visibility and accessibility to a substantial population base of over 215,000 people. The asking price is $550,000 ($59.91/sq ft). The seller is open to exploring flexible financing options. This is an exceptional opportunity for investors seeking a high-traffic, well-located retail space in a thriving Ohio market.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2007
Total area 9,180 SF
Lot 0.67 ac (29,185 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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