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Property profile & analytics
OFF-MARKET Estimated value $4,145,000
Grocery and convenience stores

3209 Manchester Rd Akron, OH 44319

164,771 SF 20.93 ac lot Built 1990
Individually Owned 18-yr Hold Free & Clear
Property ID
US66-2246156
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1990
Total area 164,771 SF
Lot 20.93 ac (911,711 SF)
APN 19-09614
UPID US66-2246156
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
$5.29M
Blend (final) Blend
$4.15M
Owner & transaction history
State Of Ohio · 18 yrs held
State Of Ohio
since 2008
1 recorded transaction
2008
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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