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Property profile & analytics

1039 Interstate Pkwy Akron, OH 44312-5289

  • Turn key restaurants
  • 7,356 SF
  • 1.88 lot acres
OFF-MARKET
Last Sale
Apr 11, 2023
$2,100,000
Value Estimations
$2,495,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US66-6035241
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

  • Turn key restaurants

Property Details for 1039 Interstate Pkwy

Year built
1998
Lot size
1.88 lot acres
Property size
7,356 SF
Property type
Turn key restaurants
APN
28-13137
APU
2813137

Description

This exceptional Class A retail property presents a unique investment opportunity in Akron, Ohio. Located at 1039 Interstate Parkway, this 7,356 square foot freestanding building sits on a generous 1.88-acre lot, offering significant visibility and accessibility from a major highway. Previously occupied by a TGI Friday's restaurant, the building boasts a single-tenant configuration, providing flexibility for a variety of uses. The property's prime location in Summit County, with a 44312 zip code, ensures high traffic volume and excellent exposure to potential customers. The substantial lot size allows for ample parking and potential for future expansion or development. The building's existing infrastructure provides a solid foundation for a quick and efficient transition to a new tenant or business venture. This is an ideal opportunity for an investor or business owner seeking a high-impact location with significant potential for growth and return. The property's size and location make it suitable for a variety of retail concepts, restaurants, or other commercial uses. Its highway visibility ensures maximum brand exposure and customer reach. This is a rare opportunity to acquire a well-situated, high-quality commercial property in a thriving market. The property is ready for immediate occupancy and offers a compelling investment proposition.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $2,495,000
    ML approach
    $2,285,000

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


Location Insight

  • Map
  • Local Demand
City
Akron
County
Summit
State
Ohio
Longitude
-81.485
Latitude
40.9789
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
$33,172
$61,520
$529,350
$590,870
-
$175,780
$1,512,440
$1,688,220
More about this property
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