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Property profile & analytics
FOR LEASE
Showrooms
3881 Cottage Grove Rd Akron, OH 44319
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US66-6302563
For Lease
1 / 8
$800/Mo
3881 Cottage Grove Rd, Akron, OH 44319
View Listing →
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1997
Total area
11,200 SF
Lot
5.34 ac (232,610 SF)
APN
28-13534
UPID
US66-6302563
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
-
tlcremodels Construction Company General Contractor
-
GS Bella Vita Nail Salon
-
Ultimate Flooring Carpet & Flooring Store Hardware & Home Improvement
-
Bolt Storage Storage Facility
-
Bolt Storage - Akron, OH Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.82M
Comparable Approach
Comparable
$1.75M
Blend (final)
Blend
$1.86M
Owner & transaction history
Bolt Akron Storage LLC · 4 yrs held
Bolt Akron Storage LLC
since 2021
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.2M
+15.5%
Restaurant
$1.2M
+12.3%
Auto repair, garage
$1.1M
+5.6%
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%
$1,975,000
6.5%
$1,820,000
7%
$1,690,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,220,000
Change: +15% · Conversion: Easy
RESTAURANT
$1,190,000
Change: +12% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,115,000
Change: +6% · Conversion: Difficult
Blend value · Realmo final
$1.86M
Range $1.67M – $2.04M · ±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
$166 / 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
$36,996
Tax year 2023
Assessed value
$660,420
Assessed 2023
Previous assessed
$660,420
+0.0% YoY
Effective rate
5.60%
On assessed value
Assessed land
$157,000
Assessed improvement
$503,420
Land market value
$448,560
Improvement market value
$1,438,350
Total market value
$1,886,910
Applied tax rate
28.0000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
For Lease
Year built
1997
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
6
Stories
1
Units
1
Total area
11,200 SF
Lot
5.34 ac (232,610 SF)
APN
28-13534
UPID
US66-6302563
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
MEDICAL BUILDING
Est. value
$1.2M
RESTAURANT
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$1.1M
MEDICAL BUILDING
RESTAURANT
AUTO REPAIR, GARAGE
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
1997
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
6
Units
1
Lot
5.34 ac
Current owner
From public records · entity-resolved
Bolt Akron Storage LLC
Entity
Mailing address
3881 COTTAGE GRV RD, AKRON, OH 44319-3700
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 11, 2024
—
Bolt Akron Storage LLC
—
Deed
related
$4,500,000 · Pathways Financial Cu INC
Dec 1, 2021
—
Bolt Akron Storage LLC
Kurt E Willgues
Warranty Deed
$2,025,000 · Key Bank NA
Jan 17, 2017
—
Kurt E Willgues
—
Deed
related
$1,400,000 · The Commercial & Savings Bank
Jan 7, 2005
$1,800,000
Kurt E Willgues
Price Patricia A Trust
Grant Deed
—
—
—
Terry D Price
—
Deed Of Trust
related
$70,000 · 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.
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?”
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