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    Property profile & analytics

    1494 Waterloo Rd Barberton, OH 44203-1137

    • Turn key restaurants
    • 1,946 SF
    • 0.76 lot acres
    OFF-MARKET
    Value Estimation
    $150,000
    Last Sale
    Nov 07, 2024
    $140,000
    Location Intelligence
    Property ID
    US66-1222773
    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.

    Current Use by Public Records

    • Turn key restaurants

    Property Details for 1494 Waterloo Rd

    Year built
    1953
    Lot size
    0.76 lot acres
    Property size
    1,946 SF
    Property type
    Turn key restaurants
    APN
    01-05518
    APU
    105518

    Description

    This exceptional Barberton, OH commercial property presents a unique investment opportunity. The 3,234 square foot building sits on a 0.76-acre lot and offers two distinct income-generating spaces. First, a fully equipped 2,000 square foot restaurant/diner featuring an exhaust hood and additional kitchen equipment is ready for immediate operation or lease. The second space is a 1,300 square foot block warehouse, complete with two convenient drive-in doors, ideal for storage, distribution, or a variety of other commercial uses. The property's strategic location near the intersection of I-76 and SR 224 ensures high visibility and accessibility, maximizing its potential for attracting customers and tenants. This prime location offers significant advantages for businesses seeking a strong presence in a busy commercial area. The property's versatility allows for diverse income streams, making it an attractive investment for both seasoned and emerging entrepreneurs. The combination of a well-equipped restaurant and a functional warehouse provides a unique opportunity to capitalize on multiple market segments. This is a rare chance to acquire a substantial commercial property with significant upside potential in a desirable location. The asking price is $210,000.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $140,000

    • CAP approach

      CAP return
      Estimation
      6%
      $180,000
      6.5%
      $175,000
      7%
      $155,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $150,000
      Geo Method
      $180,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $175,000
      Retail
      $185,000
      Mixed-Use
      $170,000
      Hospitality
      $190,000
      Educational
      $175,000
      Residential Income
      $145,000
      Energy
      $195,000
      Income-Based Land
      $155,000
      Food Service
      $165,000

    Location Insight

    • Map
    • Local Demand
    City
    Barberton
    County
    Summit
    State
    Ohio
    Longitude
    -81.5798
    Latitude
    41.0321
    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
    2023
    $3,590
    $17,510
    $37,840
    $55,350
    -
    $50,020
    $108,110
    $158,130

    Comparable in this City

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      205 2nd NW St

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      540 Wooster N Rd

      RESTAURANT • 1,320 SF
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      649 Wooster N Rd

      RESTAURANT • 1,412 SF
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      View Details
    • Value Estimation
      $175,000
      8,360 SF

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      RESTAURANT • 8,360 SF
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      View Details

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    1494 Waterloo Rd
    Barberton, OH 44203-1137
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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