1061 Clearview Ave Akron, OH 44314
This exceptional 7,592 square foot property located at 1061 Clearview Ave, Akron, Ohio 44314, presents a unique investment opportunity. Currently zoned residential, this 4.16-acre site offers significant potential for redevelopment or expansion. The existing building, previously used as a church and office space, includes a sizable interior with multiple offices and a functional kitchen with a dining area. The ample land provides room for additional structures or recreational uses, catering to a variety of potential projects. The property's substantial size and versatile zoning make it ideal for a range of commercial or residential ventures. The asking price for this substantial property is $799,000. Situated in Summit County, Ohio, this property benefits from a convenient location within Akron. The property's existing infrastructure, including the office spaces and kitchen, provides a solid foundation for future development. This is a rare opportunity to acquire a large parcel of land with existing buildings in a desirable location. The potential for future development is significant, making this an attractive investment for those seeking a versatile property with considerable upside. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.