1100 Main St, Cuyahoga Falls, OH 44221-4922
- Commercial real estate
- 49,421 SF
- 5.73 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1100 Main St
- Year built
- 1963
- Lot size
- 5.73 lot acres
- Property type
- Commercial real estate
- APN
- 02-19521
- APU
- 219521
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jan 6, 2025 | $7,035,000 | Kcr Ohio LLC | B & T Main Street Properties Ltd | Deed | $5.3M · Fusion Bank |
| Jan 6, 2025 | — | Kcr Ohio LLC | — | Deed · related | $5.3M · Fusion Bank |
| — | — | B & T Main Street Props Ltd | — | Deed Of Trust · related | $3.6M · American Equity Inv Life Ins |
| — | — | B Properties | — | Deed Of Trust · related | $75k · American National Bank & Trust |
Description
This exceptional investment opportunity presents a fee-simple interest in a four-building industrial portfolio totaling 84,672 square feet, located at 1100 Main Street, Cuyahoga Falls, Ohio, 44221. The property boasts a 100% occupancy rate under an absolute triple-net (NNN) lease with a remaining term of 12 years, expiring October 31, 2036. The tenant, in place since 1997, occupies four buildings: Manufacturing Plant 1 (49,421 square feet), Manufacturing Plant 2 (30,547 square feet), a storage building (3,360 square feet), and a pole barn (1,344 square feet). The property features 11 overhead cranes and multiple jib cranes, essential for the tenant's manufacturing operations. Strategically located near State Route 8, I-80 (Ohio Turnpike), and the I-77/I-76 interchange, this property offers convenient access to major transportation routes, facilitating efficient distribution. The Akron submarket's strong industrial presence, with companies like Goodyear, Pepsi, GE, and GM, further enhances the investment value. This offering presents a compelling opportunity with a 7.04% cap rate and a long-term, secure lease. The property's robust infrastructure and prime location make it an attractive asset for discerning investors seeking stable, long-term income.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $6,770,000
- ML approach
- $5,505,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $8,340,000
- 6.5%
- $7,700,000
- 7%
- $7,150,000
-
Alternative Use
- Use
- Estimation
- RESTAURANT
- $5,505,000
- AUTO REPAIR, GARAGE
- $4,915,000
- NEIGHBORHOOD: SHOPPING CENTER
- $4,620,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Cuyahoga Falls
- County
- Summit
- State
- Ohio
- Longitude
- -81.4871
- Latitude
- 41.1181
- CBSA code
- 10420
- CBSA name
- AKRON, OH METROPOLITAN STATISTICAL AREA
