New search
Property profile & analytics
OFF-MARKET
Estimated value
$640,000
Strip malls
1376 Portage Path, Akron, OH 44313-5851
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US66-6205758
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1980
Total area
7,440 SF
Lot
0.49 ac (21,257 SF)
APN
68-35152
UPID
US66-6205758
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
-
DiPiero Family Dental, LLC Dental Office
-
Daniel Florian, DMD Dental Office
-
Allstate Insurance: Billy Glass Insurance Agency
-
Lucid Body Piercing Tattoo & Piercing Shop
-
The Buckeye Smoke Shop (Bike/Boat/Book/etc) Store Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$641k
Blend (final)
Blend
$640k
Owner & transaction history
Indian Rock Plaza LLC · 9 yrs held
Indian Rock Plaza LLC
since 2017
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$810,000
+16.7%
Restaurant
$790,000
+13.5%
Auto repair, garage
$740,000
+6.7%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$695,000
Current use
MEDICAL BUILDING
$810,000
Change: +17% · Conversion: Difficult
RESTAURANT
$790,000
Change: +14% · Conversion: Difficult
AUTO REPAIR, GARAGE
$740,000
Change: +7% · Conversion: Difficult
OFFICE BUILDING
$600,000
Change: -14% · Conversion: Moderate
Blend value · Realmo final
$640k
Range $576k – $704k · ±10%
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
$86 / 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
$10,421
Tax year 2023
Assessed value
$114,830
Assessed 2023
Previous assessed
$114,830
+0.0% YoY
Effective rate
9.08%
On assessed value
Assessed land
$27,920
Assessed improvement
$86,910
Land market value
$79,770
Improvement market value
$248,300
Total market value
$328,070
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1980
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Bathrooms
4
Total area
7,440 SF
Lot
0.49 ac (21,257 SF)
APN
68-35152
UPID
US66-6205758
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$695,000
MEDICAL BUILDING
Est. value
$810,000
RESTAURANT
Est. value
$790,000
AUTO REPAIR, GARAGE
Est. value
$740,000
OFFICE BUILDING
Est. value
$600,000
NEIGHBORHOOD: SHOPPING CENTER Current
MEDICAL BUILDING
RESTAURANT
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
1980
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
4
Lot
0.49 ac
Current owner
From public records · entity-resolved
Indian Rock Plaza LLC
Entity
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 26, 2017
—
Indian Rock Plaza LLC
—
Deed
related
$426,193 · The Huntington National Bank
Jul 5, 2017
—
Indian Rock Plaza LLC
Riazian,isa
Quit Claim Deed
related
—
Jul 28, 2016
—
Alder Creek Properties LLC
—
Deed
related
$450,601 · Firstmerit Bank NA
Jul 26, 2006
—
Alder Creek Properties LLC
Isa Riazian
Quit Claim Deed
related
$900,000 · Sky Bank
Jul 26, 2006
$791,000
Isa Riazian
Angheld,richard A & Pamela M
Warranty Deed
—
Dec 30, 1999
$750,000
Raizian,isa & Florence B
Marmont Ltd
Trustees Deed
$1,050,000 · Second National Bank Warren
Sep 1, 1999
—
Marmont Ltd
Marchetta Valley Properties Lt
Quit Claim Deed
related
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1376 Portage Path?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
