557 Tallmadge AveAkron, OH 44310

  • Industrial properties
  • 52,369 SF
For Lease
$4.50/SF/YR View listing

Property Details for 557 Tallmadge Ave

Year built
1952
Lot size
20.65 AC
Property size (Sq ft)
52,369 SF
Property type
Industrial properties
Property subtype
Truck terminals
APN
67-63574
APU
6763574

Description

This 52,369-square-foot industrial building, situated on a 19-acre lot in Akron, Ohio, presents a unique investment opportunity. Originally constructed in 1952, the property was previously adapted for office use as a call center. Currently vacant, the entire 52,369 square feet is available for lease. The space features a flexible layout, with 37,369 square feet currently configured as office space, offering significant adaptability for a variety of uses. The building boasts true ceiling heights of 13 to 14 feet, and includes heavy power, making it ideal for manufacturing or industrial tenants requiring office space. The property offers four loading docks, and the potential for additional dock doors and drive-in doors. The owner is open to renovating the space to meet a tenant's specific needs, potentially converting it back to a fully industrial configuration. The site also includes a backup generator and over an acre of land suitable for truck or vehicle parking. Its location in Akron provides convenient access to Route 8, enhancing logistical efficiency. This property offers a substantial space with significant potential for customization and a strategic location. Located in Summit County, this property is ready for its next chapter.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $11,399,667
    Hospitality
    $10,442,033
    Educational
    $8,687,649
    Medical
    $8,986,431
    Retail
    $13,514,121
557 Tallmadge Ave, Akron, Ohio
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Location Insight

City
Akron
County
Summit
State
Ohio
Latitude
41.1041
Longitude
-81.4936
CBSA code
10420
CBSA name
AKRON, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$49,438
$194,590
$387,600
$582,190
-
$555,960
$1,107,420
$1,663,380

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