Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,345,000
Manufacturing properties
1570 Akron Peninsula Rd Akron, OH 44313-7932
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US66-1104131
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1960
Total area
30,296 SF
Lot
8.46 ac (368,518 SF)
APN
35-05881
UPID
US66-1104131
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
-
Superb Insurance Agency Insurance Agency
-
Kids First Clc Daycare Center
-
Olson Auto Repairs Auto Repair Shop
-
ProSpace Solutions General Contractor
-
Big Tree Fitness Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.45M
Blend (final)
Blend
$1.35M
Owner & transaction history
Woodbine Financial Alliance LLC · 1 yrs held
Woodbine Financial Alliance LLC
since 2025
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$2.1M
+92.5%
Commercial (general)
$2.0M
+88.8%
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
INDUSTRIAL (GENERAL)
$1,070,000
Current use
APARTMENT HOUSE (5+ UNITS)
$2,060,000
Change: +92% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,025,000
Change: +89% · Conversion: Difficult
Blend value · Realmo final
$1.35M
Range $1.21M – $1.48M · ±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
$44 / 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
$18,738
Tax year 2023
Assessed value
$273,600
Assessed 2023
Previous assessed
$273,600
+0.0% YoY
Effective rate
6.85%
On assessed value
Assessed land
$115,100
Assessed improvement
$158,500
Land market value
$328,860
Improvement market value
$452,850
Total market value
$781,710
Applied tax rate
35.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1960
Heating
FORCED AIR
Cooling
NONE
Stories
2
Units
1
Total area
30,296 SF
Lot
8.46 ac (368,518 SF)
APN
35-05881
UPID
US66-1104131
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
INDUSTRIAL (GENERAL) Current
Est. value
$1.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.1M
COMMERCIAL (GENERAL)
Est. value
$2.0M
INDUSTRIAL (GENERAL) 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
2
Units
1
Lot
8.46 ac
Current owner
From public records · entity-resolved
Woodbine Financial Alliance LLC
Entity
Mailing address
1570 AKRON PENINSULA RD, AKRON, OH 44313-7932
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 31, 2025
$400,000
Woodbine Financial Alliance LLC
JR S Commercial Properties LLC
Deed
related
—
Jan 13, 2020
—
J Rs Commercial Properties LLC
—
Deed
related
$516,000 · S & T Bank
Dec 28, 2018
$550,000
J-rs Commercial Properties LLC
Old Portage Corp
Warranty Deed
$500,000 · Joseph M & Christopher P Sawicki
Jun 24, 2016
—
Old Portage Company An Ohio
—
Deed
related
$100,000 · Westfield Bank Fsb
Feb 13, 2002
$650,000
Harry S Petsanis
Old Portage Co
Grant Deed
$650,000 · Old Portage Co
Dec 10, 2001
—
Old Portage Corp
Old Portage Corp
Quit Claim Deed
related
—
—
—
Old Portgage Corp
—
Deed Of Trust
related
$350,000 · Schmeltzer Julius Trust
—
—
Old Portage Corp
—
Deed Of Trust
related
$585,000 · Schmeltzer Julius Living Trust
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 1570 Akron Peninsula Rd?
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.
