3333 Manchester Rd Coventry Township, OH 44319-1434
- Drive through restaurants
- 2,064 SF
- 0.59 lot acres
Current Use by Public Records
- Apex Fight Systems / Muay Thai Boxing Gym / Wrestling School
- H&R Block / Tax Preparation Service / Accountant
- Cutting / Nail Salon / Hair Salon
- LUX NAILS / Nail Salon
- Johnny J's Pub & Grille, Portage Lakes / Bar & Grill / Pub
Property Details for 3333 Manchester Rd
- Year built
- 2015
- Lot size
- 0.59 lot acres
- Property size
- 2,064 SF
- Property type
- Drive through restaurants
- APN
- 19-10526
- APU
- 1910526
Description
Coventry Towne Plaza, located at 3333 Manchester Rd, Akron, OH 44319, offers exceptional medical office space in the thriving Portage Lakes submarket of Coventry Township, Summit County. This two-building, 104,824 square foot retail, office, and restaurant center underwent renovations in 2018 and sits on 10.8 acres of land. The property features a total of 22 suites, with two available spaces totaling 5,980 square feet of vacant space. Individual spaces range from a minimum of 7,400 square feet to a maximum contiguous space of 15,200 square feet, offering flexibility for various medical practices. The property boasts excellent visibility and accessibility, situated on Manchester Road (SR93) south of SR 224, with a high daily traffic volume of 25,000 vehicles. Ample parking, signalized access, and a large roadside pylon sign enhance visibility and convenience. Coventry Towne Plaza is a grocery-anchored center, strategically positioned to serve the communities of Coventry Township, New Franklin, East Barberton, and West Green in Southwest Akron and Southwest Summit County. The property is conveniently located near established businesses such as Harbor Freight Tools, Save-a-Lot, and Dollar General. An outparcel is also available for lease or build-to-suit opportunities. Built in 1959, this single-story complex offers a prime location for medical professionals seeking a well-established and highly visible presence in a busy retail center. The property is easily accessible from Robinson Ave.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $400,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $495,000
- 6.5%
- $445,000
- 7%
- $445,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $480,000
- Geo Method
- $530,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $530,000
- Retail
- $550,000
- Mixed-Use
- $565,000
- Hospitality
- $535,000
- Educational
- $590,000
- Residential Income
- $505,000
- Energy
- $545,000
- Income-Based Land
- $515,000
- Food Service
- $520,000
Location Insight
- Map
- Local Demand
- City
- Coventry Township
- County
- Summit
- State
- Ohio
- Longitude
- -81.5548
- Latitude
- 41.0089
- CBSA code
- 10420
- CBSA name
- AKRON, OH METROPOLITAN STATISTICAL AREA