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Property profile & analytics

127 7Th St Akron, PA 17501

  • Retail space
  • 3,440 SF
  • 0.11 lot acres
For Lease
Last Sale
Feb 15, 2025
$418,000
Value Estimations
$480,000
Cap Rate Potential
Location Intelligence
Property ID
US73-5924174
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Eby Exteriors / Remodeler / General Contractor

Property Details for 127 7Th St

Year built
1952
Construction
BRICK
Lot size
0.11 lot acres
Property size
3,440 SF
Zone code
C-1
Property type
Retail space
APN
020-86062-0-0000
APU
208606200000

Description

This exceptional 3,000-square-foot mixed-use building presents a unique investment opportunity in Akron, Pennsylvania. Situated on a 0.11-acre lot, this two-story property boasts a versatile layout ideal for a variety of commercial ventures. The main building features approximately 1,700 square feet of first-floor office/showroom space, complete with a half-bath. Above, a 1,300-square-foot, two-bedroom, two-bathroom apartment offers additional income potential or comfortable owner-occupied living. Two dedicated off-street parking spaces are included with the apartment. A separate 1,300-square-foot detached warehouse/shop building provides ample storage or workshop space. This structure includes a 400-square-foot mezzanine, an 8' x 10' overhead door at the loading dock, and impressive 14-foot ceiling height to the open rafters. The entire property is zoned C-1 - Commercial District (Akron Borough) within Lancaster County. The building offers 12 total parking spaces. This property is currently vacant and ready for immediate occupancy. The unfinished basement adds further potential for expansion or customization. This is a rare opportunity to acquire a versatile commercial property with significant upside in a desirable location.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $400,000
    ML approach
    $435,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $675,000
    6.5%
    $625,000
    7%
    $580,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $527,000
    Market price range: $320k - $858k
    AI Estimate
    $289,000
    Market price range: $155k - $465k
  • Alternative Use

    Use
    Estimation
    RETAIL STORES
    $555,000
    Current use
    AUTO REPAIR, GARAGE
    $575,000
    Change: +3% Conversion: Difficult

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Akron
County
Lancaster
State
Pennsylvania
Longitude
-76.203
Latitude
40.1598
CBSA code
29540
CBSA name
LANCASTER, PA 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
2024
$5,782
$56,000
$175,000
$231,000
-
$56,000
$175,000
$231,000
More about this property
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