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    OFF-MARKET
    Retail space

    130 Akron Rd, Wadsworth, OH 44281-1815

    6,386 SF 0.6 ac lot Built 1964
    Entity Owned 3-yr Hold ~ Est. High Equity
    Property ID
    US66-2429978
    Property summary
    AI-generated overview

    This exceptional retail space, totaling 2,352 square feet, presents a fantastic opportunity for businesses seeking a high-visibility location in Wadsworth, Ohio. Situated in a bustling area between the downtown and uptown shopping districts, this property benefits from convenient access to Interstate 76, ensuring excellent accessibility for customers and employees. The near-corner location offers significant visibility, enhanced by its strategic placement near the intersection of Routes 94 and 261. The property's C-1 zoning allows for a wide range of retail and food sales uses, providing flexibility for potential tenants. Adding to its appeal, the space is located directly across from a CVS Pharmacy and adjacent to a Sunoco gas station, ensuring high foot traffic and brand recognition. Ample parking is available at the front, side, and rear of the building, providing convenience for customers and staff. The property boasts recently updated features, including a new furnace and air conditioning system, as well as upgraded electrical infrastructure. To further enhance the tenant experience, the landlord is willing to collaborate on flooring installation, offering a customizable space to meet specific business needs. This is a truly exceptional opportunity to establish or expand a business in a thriving Wadsworth location.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1964
    Construction TYPE NOT SPECIFIED
    Total area 6,386 SF
    Lot 0.6 ac (26,267 SF)
    APN 040-20B-10-002
    UPID US66-2429978
    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
    • The smoke shop plus (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    4ah LLC · 3 yrs held
    4ah LLC
    since 2022
    Last sale
    $375,000
    2 recorded transactions
    2022
    $375,333
    1999
    $155,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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