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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1896 Buchholzer Blvd, Unit 1906 Akron, OH 44310-4325

    • Community centers
    • 14,440 SF
    • 0.90 lot acres
    OFF-MARKET
    Value Estimations
    $585,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US66-2802341
    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

    • Community centers

    Property Details for 1896 Buchholzer Blvd

    Year built
    1987
    Lot size
    0.90 lot acres
    Property size
    14,440 SF
    Property type
    Community centers
    APN
    67-02549
    APU
    6702549

    Description

    This exceptional Akron retail property, located at 1896 Buchholzer Blvd, offers 10,625 square feet of versatile space across six suites. The property is situated in a high-traffic area, anchored by Men's Warehouse and conveniently located across from Chapel Hill Business Park, home to businesses like Driverge and Craft 33. The location benefits from proximity to major retailers such as Rose's Discount Stores, Sam's Club, and Value City, ensuring high visibility and foot traffic. Three suites are currently available, ranging from 1,085 to 6,000 contiguous square feet. A 4,400-6,000 square foot end-cap space is available at a signalized intersection, featuring an expansive open area, rear storage, finished LVT flooring, and two full windowed exterior facings. This larger suite is ideal for businesses such as fitness centers, martial arts studios, dance studios, or medium-sized retail enterprises. A 1,600 square foot suite is perfect for smaller retail startups or professional services, including grooming salons, tattoo and piercing studios, or hearing aid vendors. Finally, a 1,085 square foot suite is well-suited for small professional businesses like real estate, insurance, or financial services firms. All available suites include restrooms and offer cost-effective space in an affordably located area. The property is a single-story building in Summit County, Ohio, with a zip code of 44310. This is a fantastic opportunity for businesses seeking high visibility and convenient access to a thriving retail corridor.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $485,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $687,000
      Market price range: $322k - $687k

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

    Location Insight

    • Map
    • Local Demand
    City
    Akron
    County
    Summit
    State
    Ohio
    Longitude
    -81.4719
    Latitude
    41.1148
    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
    $47,465
    $52,830
    $519,310
    $572,140
    -
    $150,940
    $1,483,740
    $1,634,680

    Comparable in this City

    • Value Estimation
      $435,000
      12,590 SF

      1889 Brittain Rd, Unit 1955

      MINI-MALL • 12,590 SF
      1889 Brittain Rd, Akron, OH 44310-1843
      View Details
    • Value Estimation
      $360,000
      14,400 SF

      1502 Brittain Rd, Unit 1510

      MINI-MALL • 14,400 SF
      1502 Brittain Rd, Akron, OH 44310-3605
      View Details
    • Value Estimation
      $250,000
      4,400 SF

      1520-1522 Home Ave

      MINI-MALL • 4,400 SF
      1520-1522 Home Ave, Akron, OH 44310
      View Details
    • Value Estimation
      $505,000
      12,590 SF

      1889 Brittain Rd, Unit 1955

      MINI-MALL • 12,590 SF
      1889 Brittain Rd, Akron, OH 44310-1843
      View Details
    • Value Estimation
      $265,000
      9,600 SF

      1464 Brittain Rd, Unit 1480

      MINI-MALL • 9,600 SF
      1464 Brittain Rd, Akron, OH 44310-3653
      View Details
    • Value Estimation
      $860,000
      67,032 SF

      1912 Buchholzer Blvd, Unit 1952

      MINI-MALL • 67,032 SF
      1912 Buchholzer Blvd, Akron, OH 44310-1848
      View Details

    Similar Nearby for Sale

    • $1,100,000
      28,000 SF

      Brittain Road Office/Retail Complex

      Akron, OH investment opportunity: 19 units, fully leased.
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      View Details
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      28,000 SF brick building with office and retail tenants.
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      108,743 SF

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      High-traffic retail corridor with a long-term operating history.
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      View Details
    • $5,984,000
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      Akron Warehouse with Temp Controlled Storage

      136,000 SF warehouse with temperature-controlled storage and ample docks.
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      0.22 Acres

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      Land available in Akron, OH.
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    • $975,000
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    Similar Nearby for Lease

    • Contact for pricing
      1,085 SF

      Retail Space at Signalized Intersection

      Retail suites available in high-traffic Akron location.
      1896-1908 Buchholzer Blvd, Akron, OH 44310
      View Details
    • $1,850 /Mo
      2,130 SF

      Brittain Road Retail Space Available

      2,130 SF retail space for lease on Brittain Road.
      1300-1312 Brittain Rd, Akron, OH 44310
      View Details
    • Contact for pricing
      6,152 SF

      Restaurant/Retail Space Near Summit Mall

      Restaurant or retail property with high visibility and traffic.
      110 Montrose Ave W, Akron, OH 44310
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    • $26,825
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      Chapel Hill Retail Opportunity

      Large retail space available in Akron's Chapel Hill trade area.
      1700 Brittain Rd, Akron, OH 44310
      View Details
    • Contact for pricing

      Akron Retail Pad Site - 0.59 Acres

      High-visibility retail land, excellent access.
      546 Tallmadge Ave, Akron, OH 44310
      View Details
    • $5 SF/Yr
      30,023 SF

      Two-Story School Building for Lease

      Two-story school building with gymnasium on a 5-acre campus.
      1011 Gorge Blvd, Akron, OH 44310
      View Details
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    Akron, OH 44310-4325
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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