1720 Merriman Rd Akron, OH 44313
Property profile & analytics
1720 Merriman Rd Akron, OH 44313
- Strip malls
- 13,528 SF
- 0.70 lot acres
Property ID
US66-2442264
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.
Location Intelligence
Current Use by Public Records
- MPG Interactive Inc / Data Center / IT Consulting Firm
- Home Helpers Home Care of Akron / Home Help / Home Help Service Agency
- BrXBE / Hair Salon / Nail Salon
- The Soulful Vegan / Restaurant
- Face & Body Aesthetic Essentials / Spa & Massage Center
Property Details for 1720 Merriman Rd
- Year built
- 1972
- Lot size
- 0.70 lot acres
- Property size
- 13,528 SF
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 68-22076
- APU
- 6822076
Description
This exceptional commercial property, located at 1720 Merriman Road in Akron, Ohio, presents a compelling investment opportunity. The single-story, 10,626 square foot building sits on a 0.7-acre lot and is classified as Class B. Constructed in 1972, the property features multiple tenancies, with 600 square feet currently vacant. The building offers a variety of spaces suitable for various retail or office uses. One available space, Suite J, is a 215 square foot office with two windows, conveniently located next to a rear door. This suite is available for $315 per month, plus a $55 utility fee. The property's convenient location in Akron, Summit County, Ohio (zip code 44313) provides excellent access to local amenities and transportation routes. The absence of elevators is noted. This property is ideal for investors seeking a well-located, established retail space with potential for immediate income generation and future growth. The existing tenants provide a stable income stream, while the vacant space offers the opportunity to increase profitability. Serious inquiries are encouraged.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,235,000
Market price range: $406k - $1.80M -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $1,265,000 Current use
- MEDICAL BUILDING
- $1,475,000 Change: +17% Conversion: Difficult
- RESTAURANT
- $1,435,000 Change: +14% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $1,350,000 Change: +7% Conversion: Difficult
- OFFICE BUILDING
- $1,090,000 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
- -81.5519
- Latitude
- 41.134
- 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
$19,152
$39,870
$181,550
$221,420
-
$113,910
$518,710
$632,620
