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    1493 Arlington St, Unit 1515 Akron, OH 44306-3831
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    Property profile & analytics

    1493 Arlington St, Unit 1515 Akron, OH 44306-3831


    • Community centers
    • 11,400 SF
    • 1.59 lot acres
    Off-Market
    Last Sale Apr 13, 2022
    $1,090,000
    Property ID
    US66-2756376
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,110,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Spero Health / Medical Clinic

    Property Details for 1493 Arlington St

    Year built
    1986
    Lot size
    1.59 lot acres
    Property size
    11,400 SF
    Property type
    Community centers
    Property subtype
    Shopping centers
    APN
    67-56213
    APU
    6756213

    Description

    This exceptional 10,400 square foot medical office building, formerly occupied by Spero Health, presents a unique investment opportunity in Akron, Ohio. Located at 1493 S Arlington St, near E. Waterloo, in Summit County, this single-tenant property offers 3,120 square feet of immediately available space. The building underwent a complete remodel in 2021, boasting a modern and efficient layout perfectly suited for a variety of healthcare practices. The existing space includes numerous private offices, well-appointed exam rooms, a welcoming reception area, a functional conference room for meetings and consultations, and a comfortable break room for staff. The property's convenient location in Akron, Ohio, offers excellent accessibility for patients and staff alike. With its updated interior and prime location, this building is ready for immediate occupancy and presents a strong potential for return on investment. The property is zoned for medical office use and is situated in a thriving area of Akron. The 7,280 square feet currently occupied presents a stable income stream, while the vacant 3,120 square feet provides significant expansion potential or the opportunity to lease to a complementary healthcare provider. This is an excellent opportunity to acquire a well-maintained, modern medical office building in a desirable location. The property's zip code is 44306.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,155,000
      ML approach
      $1,110,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,513,000
      Market price range: $342k - $1.51M
    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $1,065,000
      Current use
      MEDICAL BUILDING
      $1,245,000
      Change: +17% Conversion: Difficult
      RESTAURANT
      $1,210,000
      Change: +14% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $1,135,000
      Change: +7% Conversion: Difficult
      OFFICE BUILDING
      $915,000
      Change: -14% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Akron
    County
    Summit
    State
    Ohio
    Longitude
    -81.4907
    Latitude
    41.0311
    CBSA code
    10420
    CBSA name
    AKRON, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $19,538
    $26,890
    $354,610
    $381,500
    -
    $76,820
    $1,013,180
    $1,090,000
    More about this property
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