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Property profile & analytics
OFF-MARKET
Estimated value
$755,000
Commercial land
2811 Copley Rd Copley, OH 44321-2111
Individually Owned
3-yr Hold
Free & Clear
Property ID
US66-5906771
Property summary
AI-generated overview
This exceptional 2.57-acre vacant land parcel presents a unique investment opportunity in Akron, Ohio. Located at 2811 Copley Road, this property boasts a prime location near the intersection of Jacoby Road and Copley Road, offering excellent visibility and accessibility. Its strategic placement behind Rizzi's Pizza and Ristorante ensures high foot traffic and brand recognition. The property is ideally suited for mixed-use development, capitalizing on its commercial and residential zoning. Convenient highway access is a key advantage, situated just 1.5 miles from I-77, facilitating seamless transportation. Utilities are available on-site
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1959
Total area
30,108 SF
Lot
2.57 ac (111,949 SF)
APN
15-00772
UPID
US66-5906771
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$891k
Blend (final)
Blend
$755k
Owner & transaction history
Copley Community Improvement Corpor · 3 yrs held
Copley Community Improvement Corpor
since 2022
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Copley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Copley 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
Blend value · Realmo final
$755k
Range $680k – $831k · ±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
$25 / 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
$3,559
Tax year 2023
Assessed value
$49,470
Assessed 2023
Previous assessed
$49,470
+0.0% YoY
Effective rate
7.19%
On assessed value
Assessed land
$49,470
Land market value
$141,350
Total market value
$141,350
Applied tax rate
15.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1959
Heating
NONE
Cooling
YES
Stories
1
Bathrooms
3
Total area
30,108 SF
Lot
2.57 ac (111,949 SF)
APN
15-00772
UPID
US66-5906771
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
Building & site characteristics
From public records
Year built
1959
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
3
Lot
2.57 ac
Current owner
From public records · entity-resolved
Copley Community Improvement Corpor
Individual
Free & Clear · 3 yrs held
Mailing address
2811 COPLEY RD, COPLEY, OH 44321-2111
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 9, 2022
—
Copley Community Improvement Corpor
Copley Township
Limited Warranty Deed
—
Mar 4, 2019
—
Copley Township Board Of Trust
Summit Cnty Land Reutilization
Warranty Deed
—
Jan 14, 2019
—
Summit Cnty Land Reutilization
Sheriff Of Summit County|lehman,jenny L
Quit Claim Deed
related
—
—
—
Jenny L Lehman
—
Deed Of Trust
related
$350,000 · Huntington National Bank
—
—
Karl H Lehman
—
Deed Of Trust
related
$350,000 · First National Bank American
—
—
Jenny L Lehman
—
Deed Of Trust
related
$25,000 · Huntington National 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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