Technical
Financial
Distress signals
Property profile

388 Main St Akron, OH 44311

OFF-MARKET
Industrial land
Property ID
US66-1942650
50,066 SF 3.2 ac lot Built 1915
Individually Owned 6-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This Akron, Ohio office space at 388 South Main Street offers a diverse range of flexible workspace solutions. The property caters to various business needs, providing traditional office suites, executive offices, coworking spaces, medical offices, and creative office environments. Tenancy is multiple, allowing for businesses of all sizes to find a suitable fit. Options range from fully furnished and equipped private offices tailored to individual company requirements, including serviced, custom, disaster recovery, and day offices. Coworking spaces offer shared office or open-plan areas, with options for daily or hot desk reservations. Meeting rooms are available for various needs, from informal chats to large conferences. Virtual office options include prestigious business addresses, mail handling, and virtual assistant services, with varying levels of access to physical office space. Flexible working plans provide access to a global network of workspaces, offering private offices or coworking spaces with varying day-per-month access options. The property is located in Summit County, Ohio, with a specific address of 388 S Main St, Akron, OH 44311. While the total square footage is not currently specified, the available space can accommodate businesses needing anywhere from one desk to 100 desks or more. This location provides a professional, inspiring, and collaborative work environment with a benefits program including exclusive discounts and procurement support.

Property profile

Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Year built 1915
Total area 50,066 SF
Lot 3.2 ac (139,392 SF)
APN 67-55718
UPID US66-1942650

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Chemical Plant Factory
  • Physician
  • Pediatrician Medical Clinic
  • Physician
  • Physician

Location

388 Main St Akron, OH 44311-1064
Akron metro Census 506800 AKRON, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$755k
CAP Approach CAP
by Request
Comparable Approach Comparable
$912k
Blend (final) Blend
$785k

Owner & transaction history

since 2019
3 recorded transactions
2019
Price N/A
2017
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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