2213 Romig RdAkron, OH 44320

Property Details for 2213 Romig Rd

Year built

1983

Lot size

4.28 AC

Property size (Sq ft)

41,918 SF

Property type

Retail properties

Property subtype

Retail space

APN

68-54386

APU

6854386

Description

This 53,613-square-foot industrial warehouse in Akron, Ohio, presents a significant opportunity. Situated on a 4.31-acre lot, this Class B building, constructed in 1986, boasts a single-tenant occupancy and is fully vacant. The warehouse features 41,918 square feet of space, including 26,022 square feet of high-bay storage (18'9" - 21' ceiling height) and 15,896 square feet of lower-bay storage. The building also includes a 7,695-square-foot mezzanine office space with private offices, a remodeled conference room, restrooms, and open storage, plus 4,000 square feet of additional mezzanine storage. Amenities include two 8x8 loading docks, two drive-in doors, 800-amp 480-volt 3-phase power, a wet sprinkler system, full air conditioning, an intercom system, electric drops, motion LED lighting, and security gates. The lower level offers restrooms, storage, a locker room, and a breakroom. The roof was replaced in 2010 and recently patched (September 2023). The property's convenient location offers easy access to Interstates 76 and 77. Column spacing is 49' - 45' - 49'. The property is zoned Industrial (APN 6854386, Summit County). This property is ideal for warehouse and distribution operations.

• CAP approach

  CAP return

  Valuation

  6%

  $11,718,612

  6.5%

  $10,817,180

  7%

  $10,044,525

• Comparable approach

  Method

  Valuation

  Relative Method

  $9,880,944

  Geo Method

  $9,880,944

• Alternative Use

  Use

  Valuation

  Residential

  $9,124,696

  Hospitality

  $8,358,173

  Educational

  $6,953,902

  Medical

  $7,193,057

  Retail

  $10,817,180

Location Insight

City

Akron

County

Summit

State

Ohio

Latitude

41.054

Longitude

-81.5797

CBSA code

10420

CBSA name

AKRON, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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