Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    432 Wooster Rd Barberton, OH 44203

    • Schools
    • 3,975 SF
    • 0.28 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US66-1399021
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Schools

    Property Details for 432 Wooster Rd

    Year built
    1940
    Lot size
    0.28 lot acres
    Property size
    3,975 SF
    Property type
    Schools
    Property subtype
    Churches & religious facilities
    APN
    01-00609

    Description

    This exceptional investment opportunity presents a 3,975 square foot building situated on a 0.28-acre lot at 432 Wooster Road North in Barberton, Ohio, zip code 44203. Built in 1940, this two-story structure is currently vacant and offers significant potential for repurposing. The property is zoned RS-40 High Density Single-Family Residential, allowing for a variety of uses. The building's total square footage matches its net rentable area, indicating efficient space utilization. The asking price is $119,000, translating to $29.94 per square foot. This presents a strategic real estate investment opportunity for a church, school, or other special purpose organization seeking a well-located, adaptable space in Summit County. The property's location provides convenient access to the Greater Akron area. The Assessor's Parcel Number (APN) is 01-00609. This is a single-building property with a rich history, ready for its next chapter. Consider the possibilities and the potential for this unique property.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Barberton
    County
    Summit
    State
    Ohio
    Longitude
    -81.600686
    Latitude
    41.0209549

    Comparable in this City

    • $875,000
      5,488 SF

      Barberton Medical Office Investment Opportunity

      Fully leased medical office building with long-term tenant.
      87 Conservatory Dr, Barberton, OH 44203
      View Details
    • $668,240
      11,876 SF

      Barberton Retail Investment Opportunity

      Retail property with strong sales and long-term tenant commitment.
      1230 Wooster Rd W, Barberton, OH 44203
      View Details
    • $69,900
      1,200 SF

      Barberton Office Space - Move-In Ready

      Prime Office Space, 1200 sq ft, Great Location
      105 5Th St, Barberton, OH 44203
      View Details
    • $84,000
      1.16 Acres

      Wooded Lot in Barberton, Ohio

      1.16 acre wooded lot, build your dream home!
      E Tuscarawas Ext, Barberton, OH 44203
      View Details
    • $47,500
      0.22 Acres

      Residential Land in Established Neighborhood

      Land for residential development with public utilities and neighborhood amenities.
      V/L Monroe Sq, Barberton, OH 44203
      View Details
    • $47,500
      0.22 Acres

      Residential Land in Established Neighborhood

      Land for residential development with utilities and neighborhood amenities.
      V/L Monroe Sq, Barberton, OH 44203
      View Details

    Similar Nearby for Sale

    • $875,000
      5,488 SF

      Barberton Medical Office Investment Opportunity

      Fully leased medical office building with long-term tenant.
      87 Conservatory Dr, Barberton, OH 44203
      View Details
    • $668,240
      11,876 SF

      Barberton Retail Investment Opportunity

      Retail property with strong sales and long-term tenant commitment.
      1230 Wooster Rd W, Barberton, OH 44203
      View Details
    • $69,900
      1,200 SF

      Barberton Office Space - Move-In Ready

      Prime Office Space, 1200 sq ft, Great Location
      105 5Th St, Barberton, OH 44203
      View Details
    • $84,000
      1.16 Acres

      Wooded Lot in Barberton, Ohio

      1.16 acre wooded lot, build your dream home!
      E Tuscarawas Ext, Barberton, OH 44203
      View Details
    • $47,500
      0.22 Acres

      Residential Land in Established Neighborhood

      Land for residential development with public utilities and neighborhood amenities.
      V/L Monroe Sq, Barberton, OH 44203
      View Details
    • $47,500
      0.22 Acres

      Residential Land in Established Neighborhood

      Land for residential development with utilities and neighborhood amenities.
      V/L Monroe Sq, Barberton, OH 44203
      View Details

    Similar Nearby for Lease

    • $1,100 /Mo
      88,862 SF

      Flex/Warehouse Space Near Highways

      Newer flex/warehouse/storage space near I-77 and I-76.
      2476 Heritage Pkwy, Norton, OH 44203
      View Details
    • $9 SF/Yr
      2,695 SF

      Greenridge Plaza Office Suites

      Norton Office Space: Retail & Office
      3725 Cleveland Massillon Rd, Norton, OH 44203
      View Details
    • $3 SF/Yr
      11,746 SF

      Barberton Industrial Property with Storage

      6.75-acre industrial property with multiple buildings and outdoor storage.
      159 Snyder Ave, Barberton, OH 44203
      View Details
    • Contact for pricing
      78,800 SF

      Barberton Industrial Space Sublease

      Climate-controlled industrial space with office, fully racked, and secured.
      30 Foundation Pl, Barberton, OH 44203
      View Details
    • Contact for pricing
      3,600 SF

      Retail Space in Barberton, OH

      Grocery-anchored retail space with visibility and ample parking.
      3200 Greenwich Rd, Barberton, OH 44203
      View Details
    • Contact for pricing
      168,859 SF

      Norton Plaza Retail Center

      Prime Norton, OH Shopping Center Space Available
      3200 Greenwich Rd, Norton, OH 44203
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    432 Wooster Rd
    Barberton, OH 44203
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.