Property profile

401 Newell St Barberton, OH 44203

OFF-MARKET
Industrial properties
Property ID
US66-2340413
15,328 SF 26.81 ac lot Built 1998
Entity Owned 10-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 36-acre parcel, located at 401 Newell Street in Barberton, Ohio (zip code 44203), presents a significant opportunity for industrial development or expansion. The property is zoned for industrial use and offers a single-tenant occupancy. The expansive lot size provides ample space for various industrial applications, including warehousing, manufacturing, or distribution centers. Situated in Summit County, this location benefits from convenient access to major transportation routes, facilitating efficient logistics and distribution. The land is designated as industrial, ensuring compatibility with a wide range of industrial projects. With its substantial acreage and strategic location, this property represents a rare opportunity to secure a significant footprint in a thriving industrial market. The single-tenant occupancy allows for complete control and customization of the site. Prospective tenants will find this property ideal for establishing a large-scale operation or expanding existing facilities. Detailed site plans and zoning information are available upon request. This is a unique opportunity to acquire a substantial industrial land parcel in a desirable location. Contact us today to learn more about this exceptional property.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1998
Total area 15,328 SF
Lot 26.81 ac (1,167,844 SF)
APN 01-09708
UPID US66-2340413

Cap rate & NOI

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

Location

401 Newell St Barberton, OH 44203
Barberton metro Census 510100 AKRON, OH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$935k
Comparable Approach Comparable
$670k
Blend (final) Blend
$350k

Owner & transaction history

since 2015
2 recorded transactions
2015
$468,000
2004
Price N/A

Zoning & alternative use

Top alternative use upside
Medical building $1.4M +212.1%
Neighborhood: shopping center $1.4M +211.5%
Office building $1.2M +158.7%

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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