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Property profile & analytics
OFF-MARKET
Estimated value
$1,000,000
Retail properties & Spaces
2188 Market St Akron, OH 44312-1155
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US66-1833470
Property summary
AI-generated overview
This 9,773 square foot, single-tenant Dollar Tree property in Akron, Ohio, presents a compelling investment opportunity. Built in 2015, the property sits on approximately one acre of land at 2188 E Market St, Akron, OH 44312, and boasts a strong 8.00% cap rate with a Net Operating Income (NOI) of $97,730. The Absolute NNN lease with a credit-rated tenant provides stability, featuring a remaining term of approximately 1.4 years and three 5-year renewal options with 5% rent bumps every 5 years. The property benefits from its location in a densely populated area, just five minutes from downtown Akron, and enjoys 100% occupancy. The lease commenced on June 26, 2015, and is set to expire on April 30, 2026. This stabilized investment offers a low price per square foot and is well below replacement cost, making it an attractive addition to any portfolio. The property's convenient location at the corner of East Market Street and Middlefield Road provides multiple points of access. The property's parcel number is 68-45524. This is a single-tenant property within a larger portfolio of similar properties available for purchase individually or as a whole.
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
1959
Total area
9,800 SF
Lot
0.94 ac (41,077 SF)
APN
68-45524
UPID
US66-1833470
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
-
Dollar Tree Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$924k
Blend (final)
Blend
$1.00M
Owner & transaction history
Amvf Holdings LLC · 9 yrs held
Amvf Holdings LLC
since 2016
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.1M
+92.0%
Restaurant
$1.0M
+86.8%
Auto repair, garage
$975,000
+75.6%
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
MEDICAL BUILDING
$1,070,000
Change: +92% · Conversion: Difficult
RESTAURANT
$1,040,000
Change: +87% · Conversion: Easy
AUTO REPAIR, GARAGE
$975,000
Change: +76% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$915,000
Change: +65% · Conversion: Moderate
COMMERCIAL (GENERAL)
$825,000
Change: +48% · Conversion: Easy
OFFICE BUILDING
$790,000
Change: +42% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$665,000
Change: +20% · Conversion: Difficult
Blend value · Realmo final
$1.00M
Range $900k – $1.10M · ±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
$102 / 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
$40,469
Tax year 2023
Assessed value
$466,960
Assessed 2023
Previous assessed
$466,960
+0.0% YoY
Effective rate
8.67%
On assessed value
Assessed land
$68,280
Assessed improvement
$398,680
Land market value
$195,090
Improvement market value
$1,139,070
Total market value
$1,334,160
Applied tax rate
68.0000
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
Retail properties & Spaces
Use group
DEPARTMENT STORE
Status
Off-Market
Year built
1959
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
1
Bathrooms
1
Total area
9,800 SF
Lot
0.94 ac (41,077 SF)
APN
68-45524
UPID
US66-1833470
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
MEDICAL BUILDING
Est. value
$1.1M
RESTAURANT
Est. value
$1.0M
AUTO REPAIR, GARAGE
Est. value
$975,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$915,000
COMMERCIAL (GENERAL)
Est. value
$825,000
OFFICE BUILDING
Est. value
$790,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$665,000
MEDICAL BUILDING
RESTAURANT
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
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
1959
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Bathrooms
1
Lot
0.94 ac
Current owner
From public records · entity-resolved
Amvf Holdings LLC
Entity
Mailing address
2190 E MARKET ST, AKRON, OH 44312-1155
Ownership since
2016
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
Aug 5, 2016
$1,334,000
Amvf Holdings LLC
Cmd Market LLC
Grant Deed
$997,500 · First Niagara Bk
Jul 24, 2015
$175,000
Cmd Market LLC
Kristalyn J Huff
Warranty Deed
$765,000 · Lorain National Bank
—
—
Huff Kristalyn J
—
Deed Of Trust
related
$250,000 · Pnc Bank
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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