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Property profile & analytics
FOR LEASE
Showrooms

2700 Gilchrist Rd Akron, OH 44305

467,410 SF 23.77 ac lot Built 1963
Entity Owned 12-yr Hold Free & Clear
Property ID
US66-1731198
Property summary
AI-generated overview

Gilchrist Road Industrial Complex I offers a prime opportunity to lease 14,111 square feet of warehouse space within a larger 530,000 square foot multi-tenant industrial complex. This strategically located property, situated conveniently off I-76, is ideally suited for distribution and manufacturing businesses. The available space is part of a building featuring cold storage capabilities, a significant advantage for businesses requiring temperature-controlled environments. The building is equipped with a comprehensive fire sprinkler system, ensuring the safety of both inventory and personnel. Furthermore, the property boasts two (2) convenient truck-loading docks, facilitating efficient loading and unloading operations. The multi-tenant nature of the complex provides a vibrant and collaborative business environment. This exceptional location and the building's features make this warehouse space an attractive option for companies seeking a functional and well-equipped facility in a highly accessible location within Summit County. The available space presents a unique opportunity to establish or expand operations in a thriving industrial area. Interested parties are encouraged to inquire for further details and to schedule a viewing.

Property profile
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1963
Total area 467,410 SF
Lot 23.77 ac (1,035,334 SF)
APN 71-00027
UPID US66-1731198
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
  • Brenntag Specialties Chemical Plant
  • Sherwood Akron Cold Storage Grocery & Convenience Store Food Market
  • Gilchrist Auto and Truck Parts Auto Parts Store
  • Amware Warehouse & Storage
  • Summit Racing Wrhs#2 Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$25.51M
Blend (final) Blend
$33.09M
Owner & transaction history
Albrecht INC · 12 yrs held
Albrecht INC
since 2014
1 recorded transaction
2014
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $51.0M +77.1%
Restaurant $49.6M +72.3%
Auto repair, garage $46.6M +62.0%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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