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Property profile & analytics
OFF-MARKET
Estimated value
$2,785,000
Office buildings
1 Park W Blvd, Akron, OH 44320-4218
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US66-0977613
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
2005
Total area
93,328 SF
Lot
10.2 ac (444,181 SF)
APN
67-62453
UPID
US66-0977613
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
Current use
Occupant on record · Public records
-
Summa Health White Pond Medical Center Medical Clinic
-
Occupational Therapists in Private Practice Physician
-
Meelie Debroy, MD - UH Transplant Institute Education and Evaluation Centers Physician
-
Kunal Yadav, MD - UH Transplant Institute Education and Evaluation Centers Physician
-
Michael G. Parker, MD Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.90M
Blend (final)
Blend
$2.79M
Owner & transaction history
Akron 1 Apl Mp LLC · 7 yrs held
Akron 1 Apl Mp LLC
since 2018
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Akron submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Akron submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.79M
Range $2.51M – $3.06M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$30 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$367,139
Tax year 2023
Assessed value
$22,750
Assessed 2023
Previous assessed
$22,750
+0.0% YoY
Effective rate
1,613.80%
On assessed value
Assessed land
$22,750
Land market value
$65,010
Total market value
$65,010
Applied tax rate
67.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
2005
Heating
FORCED AIR
Cooling
CENTRAL
Stories
3
Units
1
Total area
93,328 SF
Lot
10.2 ac (444,181 SF)
APN
67-62453
UPID
US66-0977613
Jurisdiction
SUMMIT
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2005
Heating
FORCED AIR
Cooling
Yes
Stories
3
Units
1
Lot
10.2 ac
Current owner
From public records · entity-resolved
Akron 1 Apl Mp LLC
Entity
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 18, 2018
$29,600,000
Akron 1 Apl Mp LLC
Mmac 150 One Pk W Akron LLC
Grant Deed
—
Oct 18, 2018
—
Akron 1 Apl Mp LLC
—
Loan Modification
related
$251,479,254 · Capital One NA
Apr 14, 2017
—
Mmac 150 One Pk W Akron LLC
—
Loan Modification
related
$51,600,000 · Other Institutional Lenders
Sep 2, 2016
—
Mmac 150 One Park West Akron
Pwo-b Newco LLC
Warranty Deed
—
Aug 31, 2016
—
Djb Newco LLC
Park West One LLC
Warranty Deed
—
Oct 29, 2004
—
Park West One LLC
City Of Akron
Quit Claim Deed
related
$11,800,000 · Sky Bank
—
—
Park West One LLC
—
Deed Of Trust
related
$12,000,000 · Lincoln National Life Ins
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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