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Property profile & analytics
OFF-MARKET
Estimated value
$745,000
Grocery and convenience stores
1375 Copley Rd Akron, OH 44320-2652
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US66-0302412
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1960
Total area
16,584 SF
Lot
1.05 ac (45,869 SF)
APN
68-59618
UPID
US66-0302412
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
-
Save A Lot Grocery & Convenience Store Food Market
-
Amazon Hub Locker - Carbohydrate Marketing & Advertising IT Consulting Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$700k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$805k
Blend (final)
Blend
$745k
Owner & transaction history
Akron 1375 LLC · 4 yrs held
Akron 1375 LLC
since 2022
Last sale
$725,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$1.1M
+19.8%
Commercial (general)
$1.1M
+17.5%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Akron submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Akron submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$770,000
ML approach
$700,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$940,000
Current use
APARTMENT HOUSE (5+ UNITS)
$1,130,000
Change: +20% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,105,000
Change: +18% · Conversion: Easy
Blend value · Realmo final
$745k
Range $671k – $820k · ±10% · vs last sale $725k (Mar 10 2022)
Last sale anchor
$725k
Mar 10 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$45 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$18,052
Tax year 2023
Assessed value
$185,740
Assessed 2023
Previous assessed
$185,740
+0.0% YoY
Effective rate
9.72%
On assessed value
Assessed land
$52,160
Assessed improvement
$133,580
Land market value
$149,030
Improvement market value
$381,660
Total market value
$530,690
Applied tax rate
68.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1960
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
16,584 SF
Lot
1.05 ac (45,869 SF)
APN
68-59618
UPID
US66-0302412
Jurisdiction
SUMMIT
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$940,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$1.1M
RETAIL STORES Current
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1960
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
1.05 ac
Current owner
From public records · entity-resolved
Akron 1375 LLC
Entity
Mailing address
1375 COPLEY RD, AKRON, OH 44320-2652
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 10, 2022
$725,000
Akron 1375 LLC
Moran Foods INC
Limited Warranty Deed
$684,150 · Cf Bank
May 4, 2020
—
Moran Foods LLC
—
Deed
related
$210,000 · Citizens Bank NA
Apr 2, 2020
—
Moran Foods LLC
—
Grant Deed
related
$138,900 · Other Institutional Lenders
Jan 2, 2020
—
Moran Foods LLC
—
Grant Deed
related
$40,000,000 · Cortland Capital Market Services LLC
Oct 3, 2019
—
Moran Foods LLC
—
Deed
related
$30,000 · Ankura Tr Co LLC
Apr 10, 2019
—
Moran Foods LLC
—
Grant Deed
related
$20,000,000 · Sal Holdco Corp
May 31, 2000
—
Moran Foods INC
Misleh,hanan & Nabil A
Quit Claim Deed
related
—
May 31, 2000
$372,500
Moran Foods INC
Misleh,nabil A & Mustafa A
Trustees Deed
—
—
—
Moran Foods LLC
—
Deed Of Trust
related
$30,000 · Ankura Tr Co LLC
—
—
Moran Foods LLC
—
Deed Of Trust
related
$2,000,000,000 · Goldman Sachs Bank USA
—
—
Moran Foods LLC
—
Deed Of Trust
related
$138,900 · Other Institutional Lenders
—
—
Moran Foods LLC
—
Deed Of Trust
related
$180,000,000 · Cortland Capital Market Services LLC Cortland Capital Market Services LLC
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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