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    Property profile & analytics

    1051 Akron Rd Wadsworth, OH 44281

    • Specialty properties
    • 3,832 SF
    • 56.46 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Apr 12, 2024
    Location Intelligence
    Property ID
    US66-0094425
    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

    • Specialty properties

    Property Details for 1051 Akron Rd

    Year built
    2007
    Lot size
    56.46 lot acres
    Property size
    3,832 SF
    Property type
    Specialty properties
    APN
    040-20B-28-016
    APU
    04020B28016

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Wadsworth
    County
    Medina
    State
    Ohio
    Longitude
    -81.6952
    Latitude
    41.0373
    CBSA code
    17460
    CBSA name
    CLEVELAND-ELYRIA-MENTOR, 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
    $610,405
    $561,310
    $9,544,940
    $10,106,250
    -
    $1,603,730
    $27,271,270
    $28,875,000

    Comparable in this City

    • Value Estimation by Request
      0.13 Acres

      246 Main St

      CHARITABLE ORGANIZATION • 0.13 Acres
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    • Value Estimation by Request
      4,888 SF

      240 Main St

      CHARITABLE ORGANIZATION • 4,888 SF
      240 Main St, Wadsworth, OH 44281
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    • Value Estimation by Request
      1,120 SF

      919 Ww St

      VETERINARY, ANIMAL HOSPITAL • 1,120 SF
      919 Ww St, Wadsworth, OH 44281-1686
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      $325,000
      9,230 SF

      174 Lyman St

      FUNERAL HOME • 9,230 SF
      174 Lyman St, Wadsworth, OH 44281-1813
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    • Value Estimation
      $220,000
      4.22 Acres

      Wadsworth Rd

      CHARITABLE ORGANIZATION • 4.22 Acres
      Wadsworth Rd, Wadsworth, OH 44281
      View Details
    • Value Estimation by Request
      0.28 Acres

      660 High St

      CHARITABLE ORGANIZATION • 0.28 Acres
      660 High St, Wadsworth, OH 44281-1622
      View Details

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      68 Acres Near Interstate 76

      68 acres of land, convenient access to Interstate 76.
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    Similar Nearby for Lease

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    1051 Akron Rd
    Wadsworth, OH 44281
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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