Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$17,180,000
Community centers
360 Waterloo Rd 452 Akron, OH 44319-1260
Entity Owned
10-yr Hold
Free & Clear
Property ID
US66-4302095
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1991
Total area
232,425 SF
Lot
14.61 ac (636,629 SF)
APN
73-00635
UPID
US66-4302095
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
Current use
Occupant on record · Public records
-
MoneyGram Bank Credit Union
-
Marc's Stores Grocery & Convenience Store Food Market
-
Marc's Pharmacy Pharmacy
-
Nicole Roth Pharmacy
-
LibertyX Bitcoin ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$18.35M
Blend (final)
Blend
$17.18M
Owner & transaction history
SOUTH PLAZA ASSOCIATES LLC · 1 yrs held
SOUTH PLAZA ASSOCIATES LLC
since 2025
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$25.4M
+16.7%
Restaurant
$24.7M
+13.5%
Auto repair, garage
$23.2M
+6.7%
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 Akron submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Akron 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
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$21,725,000
Current use
MEDICAL BUILDING
$25,350,000
Change: +17% · Conversion: Difficult
RESTAURANT
$24,660,000
Change: +14% · Conversion: Difficult
AUTO REPAIR, GARAGE
$23,180,000
Change: +7% · Conversion: Difficult
COMMERCIAL (GENERAL)
$21,955,000
Change: +1% · Conversion: Easy
OFFICE BUILDING
$18,695,000
Change: -14% · Conversion: Moderate
Blend value · Realmo final
$17.18M
Range $15.46M – $18.90M · ±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
$74 / 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
$221,505
Tax year 2023
Assessed value
$3,287,880
Assessed 2023
Previous assessed
$3,287,880
+0.0% YoY
Effective rate
6.74%
On assessed value
Assessed land
$304,820
Assessed improvement
$2,983,060
Land market value
$870,910
Improvement market value
$8,523,030
Total market value
$9,393,940
Applied tax rate
73.0000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1991
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
3
Stories
1
Total area
232,425 SF
Lot
14.61 ac (636,629 SF)
APN
73-00635
UPID
US66-4302095
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
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$21.7M
MEDICAL BUILDING
Est. value
$25.4M
RESTAURANT
Est. value
$24.7M
AUTO REPAIR, GARAGE
Est. value
$23.2M
COMMERCIAL (GENERAL)
Est. value
$22.0M
OFFICE BUILDING
Est. value
$18.7M
NEIGHBORHOOD: SHOPPING CENTER Current
MEDICAL BUILDING
RESTAURANT
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1991
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
3
Lot
14.61 ac
Current owner
From public records · entity-resolved
SOUTH PLAZA ASSOCIATES LLC
Entity
Free & Clear · 1 yrs held
Mailing address
360 E WATERLOO RD #452, AKRON, OH 44319-1260
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 16, 2025
—
—
—
—
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 360 Waterloo Rd, Unit 452?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
