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Property profile & analytics
OFF-MARKET
Estimated value
$4,515,000
Parking lots & garages
1835 Franks Pkwy Uniontown, OH 44685-6249
Entity Owned
Free & Clear
Property ID
US66-2916645
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Year built
2012
Total area
42,750 SF
Lot
24.99 ac (1,088,652 SF)
APN
28-15812
UPID
US66-2916645
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
-
Alexander P Barlekamp, MD Pediatrician Physician
-
Summa Health Medical Group Gynecologic Oncology - Green Medical Clinic Hospital
-
Rachel Espiritu Physician
-
Bogdan Orasanu Physician Medical Clinic
-
Natalie Kayani Geriatric Care Provider
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.21M
Blend (final)
Blend
$4.52M
Owner & transaction history
Akron Regional Hospital LLC
Akron Regional Hospital LLC
since 2025
Last sale
$3.5M
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.8M
+20.4%
Auto repair, garage
$4.3M
+7.6%
Medical building
$4.0M
+1.3%
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 Uniontown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Uniontown 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
PARKING LOT
$3,955,000
Current use
RESTAURANT
$4,760,000
Change: +20% · Conversion: Difficult
AUTO REPAIR, GARAGE
$4,250,000
Change: +8% · Conversion: Difficult
MEDICAL BUILDING
$4,005,000
Change: +1% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,995,000
Change: +1% · Conversion: Difficult
OFFICE BUILDING
$3,320,000
Change: -16% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,170,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$4.52M
Range $4.06M – $4.97M · ±10% · vs last sale $3.54M (Jul 10 2025)
Last sale anchor
$3.54M
Jul 10 2025
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
$106 / 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
$835
Tax year 2023
Assessed value
$4,321,220
Assessed 2023
Previous assessed
$4,321,220
+0.0% YoY
Effective rate
0.02%
On assessed value
Assessed land
$278,100
Assessed improvement
$4,043,120
Land market value
$794,560
Improvement market value
$11,551,770
Total market value
$12,346,330
Applied tax rate
28.0000
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
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Status
Off-Market
Year built
2012
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
1
Total area
42,750 SF
Lot
24.99 ac (1,088,652 SF)
APN
28-15812
UPID
US66-2916645
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
PARKING LOT Current
Est. value
$4.0M
RESTAURANT
Est. value
$4.8M
AUTO REPAIR, GARAGE
Est. value
$4.3M
MEDICAL BUILDING
Est. value
$4.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.0M
OFFICE BUILDING
Est. value
$3.3M
COMMERCIAL (GENERAL)
Est. value
$3.2M
PARKING LOT Current
RESTAURANT
AUTO REPAIR, GARAGE
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
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
2012
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Lot
24.99 ac
Current owner
From public records · entity-resolved
Akron Regional Hospital LLC
Entity
Free & Clear · 0 yrs held
Mailing address
1835 FRANKS PKWY, UNIONTOWN, OH 44685-6249
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 10, 2025
$3,535,100
Akron Regional Hospital LLC
Summa Health System
Deed
—
Aug 17, 2021
—
City Of Green
Summa Health System
Warranty Deed
—
Aug 17, 2011
$5,000
Summa Akron City & St Thomas
Cam Green LLC
Grant Deed
—
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.
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