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Property profile

4040 Embassy Pkwy Akron, OH 44333

FOR LEASE
Medical Office Space
Property ID
US66-1953554
54,976 SF 3.46 ac lot Built 1991
Last sale Jan 2016 · $4,256,260
Entity Owned Owner of record is a legal entity (LLC / corporation). 10-yr Hold Held for 10 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$85k
Tax billed · 2023
Assessed value$1.30M
Assessed land$381k
Assessed improvement$914k
Effective rate6.57%

Value estimate

· Oct 2026
$915k
$824k – $1.01M
Submarket $/SF estimate$4.07M
NOI build-up
Gross scheduled income$296k
Vacancy & credit loss−$20k
Operating expenses−$69k
NOI · 1,090,642.11% cap applied$207k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$109/SF
Submarket average, outlier-cleaned · 47 recorded sales of this use type
Observed band · Q1–Q3$53 – $155

Cap rate analysis

How does the asset earn?
1,090,642.11%
$207k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionSUMMIT

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office13.9
Kitchen & Bath12.9
Storage Facility11.8

Location

4040 Embassy Pkwy Akron, OH 44333
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3632 Ridgewood, Fairlawn, OH 44333-3124 $540,000 May 2025 6,226 SF
2708 Crawfis, Fairlawn, OH 44333-2850 $914,500 Nov 2023 5,496 SF
605 Cleveland Massillon, Akron, OH 44333-2200 $2,400,000 Sep 2023 15,740 SF
3535 Granger, Akron, OH 44333-1538 $490,000 Nov 2022 6,696 SF
4099 Embassy, Akron, OH 44333-1781 $4,577,000 Oct 2022 9,944 SF
799 Wye, Akron, OH 44333-2268 $540,000 Aug 2019 4,446 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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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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