3209 Manchester Rd Akron, OH 44319
Portage Lakes Plaza presents a unique opportunity to acquire a 4.3-acre commercial land parcel in Akron, Ohio. Located at 3209 Manchester Rd in Coventry Township (zip code 44319), this property boasts a prime location with excellent visibility and accessibility. Built in 1990 and zoned B-3, the land is situated near the I-76 exit, offering convenient access for customers and employees. The property features ample parking and convenient curb cuts, making it an attractive location for a variety of businesses. The site is currently improved with a grocery-anchored shopping center, showcasing a diverse tenant mix that includes grocery, hardware, retail, service, medical, and restaurant establishments. The property's APN is 1910262, and it is located in Summit County. This is a single-tenant property with no existing building suites. The property's strategic location and existing infrastructure make it an ideal investment for developers or businesses seeking a high-traffic location in a thriving commercial area. The significant lot size offers considerable potential for future development or expansion. This is a rare opportunity to acquire a well-positioned commercial land parcel in a desirable Akron location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.