Property profile

3921 Medina Rd Akron, OH 44333

OFF-MARKET
Turn key restaurants
Property ID
US66-6301374
4,669 SF 1.04 ac lot Built 1980
Entity Owned 18-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 4,847-square-foot freestanding retail building presents a unique investment opportunity in Akron, Ohio. Located at 3921 Medina Road, this single-tenant property sits on a generous 1.04-acre lot, providing ample space and visibility. Built in 1980 and extensively renovated in 2016, the building is in excellent condition and ready for immediate occupancy. The property boasts 80 parking spaces, ensuring convenient access for customers and employees. The building's single-story design offers efficient layout and easy accessibility. The property's Summit County location offers excellent access to major transportation routes and a strong local market. The property is currently vacant. Please note that availability is subject to bankruptcy proceedings. The property's parcel number is 0500471. This is a prime opportunity for a discerning investor or business owner seeking a well-maintained, strategically located retail space. The significant lot size offers potential for future expansion or development. This property is a rare find in the Akron market.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1980
Total area 4,669 SF
Lot 1.04 ac (45,302 SF)
APN 05-00471
UPID US66-6301374

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
  • Restaurant

Location

3921 Medina Rd Akron, OH 44333-2444
Akron metro Census 532302 AKRON, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$400k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$400k

Owner & transaction history

since 2007
2 recorded transactions
2007
$909,091
2002
$925,000

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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