Property profile

262 South St Akron, OH 44311

OFF-MARKET
Retail properties & Spaces
9,180 SF 0.67 ac lot Built 2007
Saved · see the list in your Dashboard

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

Location

262 South St Akron, OH 44311
Akron metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 262 South St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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