Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$6,355,000
Community centers
1912 Buchholzer Blvd 1952 Akron, OH 44310-1848
Individually Owned
10-yr Hold
Free & Clear
Property ID
US66-2750918
Property summary
AI-generated overview
This exceptional 72,268 square foot multi-tenant storefront property, located at 1912-1954 Buchholzer Blvd in Akron, Ohio (Summit County, zip code 44310), presents a compelling investment opportunity. Situated on a 10.27-acre lot (APN 6755893 & 6755891), this retail center enjoys a prime location at the high-traffic intersection of Howe Avenue and Buchholzer Boulevard, boasting over 33,000 vehicles per day (VPD). Its strategic position within the area's dominant retail corridor, just east of State Route 8 (with over 100,000 VPD), ensures exceptional visibility and accessibility. The property offers ample on-site parking for tenants and customers. Building and monument signage opportunities are available. This thriving retail center benefits from proximity to numerous national retailers, including Best Buy, Target, Home Depot, Sam's Club, Outback Steakhouse, Panera Bread, PetSmart, Starbucks, Dick's Sporting Goods, Michael's, Giant Eagle, and Five Guys. The property serves a substantial population base of over 225,000 within a five-mile radius. Competitive lease rates are available for retail and office spaces. This is an ideal investment for those seeking a high-traffic, well-located retail property in a strong market.
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1987
Total area
67,032 SF
Lot
9.53 ac (415,127 SF)
APN
67-55893
UPID
US66-2750918
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
-
8 Point Bistro Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$8.90M
Blend (final)
Blend
$6.36M
Owner & transaction history
The Chen Family Akron L P · 10 yrs held
The Chen Family Akron L P
since 2015
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$7.3M
+16.7%
Restaurant
$7.1M
+13.5%
Auto repair, garage
$6.7M
+6.7%
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
NEIGHBORHOOD: SHOPPING CENTER
$6,265,000
Current use
MEDICAL BUILDING
$7,310,000
Change: +17% · Conversion: Difficult
RESTAURANT
$7,110,000
Change: +14% · Conversion: Difficult
AUTO REPAIR, GARAGE
$6,685,000
Change: +7% · Conversion: Difficult
OFFICE BUILDING
$5,390,000
Change: -14% · Conversion: Moderate
COMMERCIAL (GENERAL)
$5,035,000
Change: -20% · Conversion: Easy
Blend value · Realmo final
$6.36M
Range $5.72M – $6.99M · ±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
$95 / 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
$137,679
Tax year 2023
Assessed value
$1,400,470
Assessed 2023
Previous assessed
$1,400,470
+0.0% YoY
Effective rate
9.83%
On assessed value
Assessed land
$498,650
Assessed improvement
$901,820
Land market value
$1,424,700
Improvement market value
$2,576,620
Total market value
$4,001,320
Applied tax rate
67.0000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1987
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Bathrooms
2
Total area
67,032 SF
Lot
9.53 ac (415,127 SF)
APN
67-55893
UPID
US66-2750918
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$6.3M
MEDICAL BUILDING
Est. value
$7.3M
RESTAURANT
Est. value
$7.1M
AUTO REPAIR, GARAGE
Est. value
$6.7M
OFFICE BUILDING
Est. value
$5.4M
COMMERCIAL (GENERAL)
Est. value
$5.0M
NEIGHBORHOOD: SHOPPING CENTER Current
MEDICAL BUILDING
RESTAURANT
AUTO REPAIR, GARAGE
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
1987
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
2
Lot
9.53 ac
Current owner
From public records · entity-resolved
The Chen Family Akron L P
Individual
Free & Clear · 10 yrs held
Mailing address
1912 BUCHHOLZER BLVD #1952, AKRON, OH 44310-1848
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 24, 2015
$3,210,000
The Chen Family Akron L P
532 Acquisitions LLC
Limited Warranty Deed
—
Dec 6, 2005
$6,800,000
532 Acquisition LLC
Hannan Chapel Hill Associates
Limited Warranty Deed
$5,100,000 · Thrivent Financial For Lutherans
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 1912 Buchholzer Blvd, Unit 1952?
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.
