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Property profile & analytics
OFF-MARKET
Estimated value
$765,000
Office buildings
1003 Turkeyfoot Lk Rd, Akron, OH 44312-5288
Individually Owned
8-yr Hold
~
Est. High Equity
Property ID
US66-1244952
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1994
Total area
5,728 SF
Lot
1.09 ac (47,480 SF)
APN
28-10087
UPID
US66-1244952
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
-
Ob & Gyn-Reserve: Lewis Renee D MD Physician
-
Erick Chamblee Dental Office
-
Eric Immediate Dental Akron Dental Office
-
Robert Prentice Travel Bureau Travel Agency Tour Operator
-
Schaffer Polak Paula MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$747k
Blend (final)
Blend
$765k
Owner & transaction history
Carrollton Professional Alliance Ll · 8 yrs held
Carrollton Professional Alliance Ll
since 2017
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$625,000
+35.6%
Restaurant
$610,000
+31.9%
Auto repair, garage
$570,000
+24.0%
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
Alternative Use
Use
Estimation
OFFICE BUILDING
$460,000
Current use
MEDICAL BUILDING
$625,000
Change: +36% · Conversion: Easy
RESTAURANT
$610,000
Change: +32% · Conversion: Moderate
AUTO REPAIR, GARAGE
$570,000
Change: +24% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$535,000
Change: +16% · Conversion: Difficult
COMMERCIAL (GENERAL)
$480,000
Change: +4% · Conversion: Easy
Blend value · Realmo final
$765k
Range $689k – $842k · ±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
$134 / 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
$14,945
Tax year 2023
Assessed value
$264,930
Assessed 2023
Previous assessed
$264,930
+0.0% YoY
Effective rate
5.64%
On assessed value
Assessed land
$35,670
Assessed improvement
$229,260
Land market value
$101,920
Improvement market value
$655,030
Total market value
$756,950
Applied tax rate
28.0000
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
Status
Off-Market
Year built
1994
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Bathrooms
1
Total area
5,728 SF
Lot
1.09 ac (47,480 SF)
APN
28-10087
UPID
US66-1244952
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
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$460,000
MEDICAL BUILDING
Est. value
$625,000
RESTAURANT
Est. value
$610,000
AUTO REPAIR, GARAGE
Est. value
$570,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$535,000
COMMERCIAL (GENERAL)
Est. value
$480,000
OFFICE BUILDING Current
MEDICAL BUILDING
RESTAURANT
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1994
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
1
Lot
1.09 ac
Current owner
From public records · entity-resolved
Carrollton Professional Alliance Ll
Individual
Mailing address
1003 E TURKEYFOOT LK RD, AKRON, OH 44312-5288
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 1, 2017
$750,000
Carrollton Professional Alliance Ll
Greenmar Acq LLC
Warranty Deed
$1,250,000 · Consumers National Bank
Mar 31, 1998
$632,500
Greenmaracq LLC
Colley,james M
Grant Deed
$637,625 · National City Bank
—
—
Greenmar Acq LLC
—
Deed Of Trust
related
$560,000 · Fifth Third Bank
—
—
Greenmar Acq LLC
—
Deed Of Trust
related
$585,000 · Charter One Bank Fsb
—
—
James M Colley
—
Deed Of Trust
related
$75,000 · Firstmerit Bank NA
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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