Property profile

19 N Arlington St Akron, OH 44305

FOR LEASE
Parking lots & garages
Property ID
US66-3606216
0.06 ac lot
Entity Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

The property consists of a 9,540-square-foot retail building that was previously occupied by Family Dollar. It is located in the Akron area, less than 2 miles from downtown Akron, with close access to Route 8. The site is positioned along N. Arlington Street, which has an estimated traffic count of over 8,000 vehicles per day, and near E. Market Street with an estimated traffic count exceeding 14,000 vehicles per day. The surrounding area includes an estimated population of over 256,000 residents within a 5-mile radius. The building includes additional rear space that could be brought into use, providing potential for approximately 8,800 more square feet, depending on acquisition/termination of rights associated with the rear-area occupancy.

Property profile

Verified
Property type Parking lots & garages
Use group PARKING GARAGE, PARKING STRUCTURE
Lot 0.06 ac (2,483 SF)
APN 68-02087
UPID US66-3606216

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Discount Store

Location

19 N Arlington St Akron, OH 44305
Akron metro Census 502500 AKRON, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.01M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.06M

Owner & transaction history

since 2022
Last sale
$1.0M
2 recorded transactions
2022
$1.0M
2006
$395,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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