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Property profile & analytics
FOR LEASE
Manufacturing properties

236 Annadale Ave Akron, OH 44304

30,842 SF 1.13 ac lot Built 1913
Individually Owned 13-yr Hold Absentee Owner Free & Clear
Property ID
US66-2245317
Property summary
AI-generated overview

This exceptional Akron, Ohio industrial property offers 11,840 square feet of newly constructed Class A flex space, ideally situated at 236 Annadale Ave, 44304. The property features two single-story buildings, each offering multiple units for lease. Units range from 600 to 880 square feet, with eight units of each size available. Units can be leased individually or combined to meet specific needs. The high ceilings (18 feet clear) and 14' x 12' overhead doors provide ample space and accessibility. The property boasts 16 drive-in doors, enhancing operational efficiency. Security features include a fully fenced perimeter with a coded gate and security cameras. An additional one-acre fenced outdoor storage area is available for lease. Located in Summit County's Akron submarket, this property benefits from excellent highway access at the corner of E Exchange St and Annadale Ave. The zoning is industrial, making it suitable for a variety of uses, including contractor use and vehicle storage. The minimum leasable space is 600 square feet, and the total land area encompasses 1.13 acres. This property presents a unique opportunity for businesses seeking modern, secure, and conveniently located flex space in Akron.

Property profile
Verified
Property type Manufacturing properties
Use group HEAVY MANUFACTURING
Year built 1913
Total area 30,842 SF
Lot 1.13 ac (49,223 SF)
APN 67-23941
UPID US66-2245317
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$465k
CAP Approach CAP
by Request
Comparable Approach Comparable
$562k
Blend (final) Blend
$515k
Owner & transaction history
Manuel Nemer · 13 yrs held
Manuel Nemer
since 2013
2 recorded transactions
2013
$140,000
2013
$140,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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