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Property profile & analytics
OFF-MARKET
Turn key restaurants
374 Paul Williams St Akron, OH 44311
Individually Owned
17-yr Hold
Free & Clear
Property ID
US66-5602787
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1956
Total area
3,584 SF
Lot
0.04 ac (1,917 SF)
APN
68-10805
UPID
US66-5602787
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Thomas Manfreda · 17 yrs held
Thomas Manfreda
since 2008
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$3,821
Tax year 2023
Assessed value
$36,580
Assessed 2023
Previous assessed
$36,580
+0.0% YoY
Effective rate
10.45%
On assessed value
Assessed land
$4,400
Assessed improvement
$32,180
Land market value
$12,580
Improvement market value
$91,950
Total market value
$104,530
Applied tax rate
68.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1956
Heating
FORCED AIR
Cooling
NONE
Stories
1
Bathrooms
0
Total area
3,584 SF
Lot
0.04 ac (1,917 SF)
APN
68-10805
UPID
US66-5602787
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
Building & site characteristics
From public records
Year built
1956
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
0
Lot
0.04 ac
Current owner
From public records · entity-resolved
Thomas Manfreda
Individual
Free & Clear · 17 yrs held
Mailing address
374 PAUL WILLIAMS ST, AKRON, OH 44311
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 4, 2008
$380,000
Thomas Manfreda
Galaxy Properties Ltd
Grant Deed
—
Jan 6, 2006
$600,000
Galaxy Properties Ltd
George Glus
Warranty Deed
$450,000 · Firstmerit Bank NA
Oct 15, 2003
$200,000
George Glus
Donofrio,pasquale
Grant Deed
—
Apr 25, 2001
$375,000
George Glus
Oneil,jeffrey S
Grant Deed
$262,500 · National City Bank
Oct 5, 1998
$425,000
Jeffrey S O'neil
Stilllife Construction Of Ohio
Grant Deed
—
—
—
George Glus
—
Deed Of Trust
related
$322,700 · National City Bank
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.
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