10 Tallmadge Ave Akron, OH 44310-3125
- Gas stations
- 1,402 SF
- 0.34 lot acres
Current Use by Public Records
- Goodyear Ponds Senior Care / Assisted Living Facility
- Zion Apostolic Church / Church
- Best Deals 2 Auto Sales / Used Car Dealer
Property Details for 10 Tallmadge Ave
- Year built
- 1960
- Construction
- FRAME
- Lot size
- 0.34 lot acres
- Property size
- 1,402 SF
- Property type
- Gas stations
- APN
- 68-11899
- APU
- 6811899
Description
This exceptional commercial property, located at 10 E Tallmadge Avenue in Akron, Ohio, presents a unique investment opportunity. Priced at $99,000, this 0.33-acre lot boasts a prime location in a high-traffic area of North Hill, offering excellent visibility and accessibility. Just minutes from the freeway and downtown Akron, the property benefits from convenient access to major transportation routes. The existing building features a blend of office and storage space, complemented by a large garage with an overhead door, a workshop, and a private office. A public restroom and partial fencing enhance the property's functionality. Ample parking is provided by a large concrete parking lot. While the building requires some updates and repairs, its substantial size and versatile layout offer significant potential for a variety of commercial uses. The property's location within a thriving commercial district, surrounded by businesses, restaurants, and convenience stores, further underscores its investment appeal. This is a rare chance to acquire a well-situated commercial property in a desirable Akron neighborhood. The sale is AS-IS
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $150,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $165,000
- 6.5%
- $170,000
- 7%
- $155,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $170,000
- Geo Method
- $150,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $165,000
- Retail
- $160,000
- Mixed-Use
- $170,000
- Hospitality
- $155,000
- Educational
- $145,000
- Residential Income
- $165,000
- Energy
- $175,000
- Income-Based Land
- $155,000
- Food Service
- $140,000
Location Insight
- Map
- Local Demand
- City
- Akron
- County
- Summit
- State
- Ohio
- Longitude
- -81.5149
- Latitude
- 41.1019
- CBSA code
- 10420
- CBSA name
- AKRON, OH METROPOLITAN STATISTICAL AREA