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Financial
Distress signals
Property profile

3417 East Waterloo Rd Akron, OH 44312

FOR LEASE
Auto shops
Property ID
US66-1525100
50,582 SF 3.88 ac lot Built 1952
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

An industrial complex containing approximately 50,500 square feet of warehouse space and a roughly 2,000-square-foot main office area, with additional mezzanine office space. The interior is organized into multiple warehouse zones with installed racking and includes a garage area, kitchen, parts storage with shelving, and a dedicated tool room. Loading access comprises 10 grade-level doors and one dock door equipped with a leveler; ceiling heights vary from approximately 12 feet to 17.5 feet.…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$19k
Tax billed · 2023
Assessed value$274k
Assessed land$62k
Assessed improvement$211k
Effective rate7.10%

Value estimate

· Oct 2026
$1.41M
$1.27M – $1.55M
Submarket $/SF estimate$1.49M
NOI build-up
Gross scheduled income$345k
Vacancy & credit loss−$9k
Operating expenses−$50k
NOI · 1.63% cap applied$286k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$100/SF
Submarket average, outlier-cleaned · 72 recorded sales of this use type
Observed band · Q1–Q3$42 – $156

Cap rate analysis

How does the asset earn?
1.63%
$286k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionSUMMIT

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply18.5
Restaurant17.5
Wholesale Shop16.2

Location

3417 East Waterloo Rd Akron, OH 44312
County assessor Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

5 recorded sales · 13 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
575 Canton, Akron, OH 44312-2511 $297,000 Jun 2025 1,269 SF
3453 Arlington, Akron, OH 44312-5219 $1,165,000 Mar 2025 6,136 SF
3107 Albrecht, Akron, OH 44312-2874 $875,000 Jul 2022 2,320 SF
1994 Waterloo, Akron, OH 44312-3018 $775,000 May 2020 6,000 SF
2800 Waterloo, Akron, OH 44312-3900 $100,000 Mar 2020 9,740 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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