Technical
Financial
Distress signals
Property profile

445 Cedar St Akron, OH 44307

OFF-MARKET
Industrial land
Property ID
US66-1947528
0.09 ac lot
Individually Owned 8-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional Akron, Ohio property at 445 W Cedar St, zip code 44307, offers a unique blend of warehouse and traditional office space, perfect for a variety of businesses. Located in Summit County, this Class B building boasts a total of 20,980 square feet spread across two stories. The property features a total of five suites, with a minimum divisible space of 400 square feet and a maximum contiguous space of 2,500 square feet, providing flexibility for various tenant needs. Built in 1919, the building includes convenient features such as one loading dock and one drive-in door, enhancing operational efficiency. The property's multi-tenant configuration allows for diverse occupancy, with three office spaces and two warehouse spaces currently available for lease. Whether seeking a small office or a larger combined space, this property offers adaptable solutions. The building's central location in Akron provides easy access to major transportation routes and local amenities. This is an excellent opportunity to secure versatile commercial space in a thriving Ohio market. Contact us today to learn more about leasing options and explore the possibilities this property offers.

Property profile

Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 0.09 ac (3,920 SF)
APN 68-46980
UPID US66-1947528

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
  • Hardware & Home Improvement General Contractor
  • Law Firm

Location

445 Cedar St Akron, OH 44307-2321
Akron metro Census 506800 AKRON, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$240k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$240k

Owner & transaction history

since 2017
4 recorded transactions
2017
Price N/A
2009
Price N/A
1969
Price N/A
1969
Price N/A

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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