Property profile

130 Akron Rd Wadsworth, OH 44281

OFF-MARKET
Retail space
Property ID
US66-2429978
6,386 SF 0.6 ac lot Built 1964
Entity Owned 4-yr Hold ~ Est. High Equity
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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

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store

Location

130 Akron Rd Wadsworth, OH 44281-1815
Wadsworth metro Census 417100 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$345k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$365k

Owner & transaction history

since 2022
Last sale
$375,000
2 recorded transactions
2022
$375,333
1999
$155,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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