450 Grant St Akron, OH 44311
Property profile & analytics
450 Grant St Akron, OH 44311
- Office buildings
- 29,186 SF
- 2.29 lot acres
Property ID
US66-2187081
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.
Location Intelligence
Current Use by Public Records
- Boston Corp / Freight Service / Logistics Company
- TTR Engineers / Structural Engineer
- CTL Engineering Inc. / Engineering Consultant
- Environmental Design Group / General Contractor
Property Details for 450 Grant St
- Year built
- 1973
- Construction
- FRAME
- Lot size
- 2.29 lot acres
- Property size
- 29,186 SF
- Property type
- Office buildings
- APN
- 67-35244
- APU
- 6735244
Description
This exceptional executive office building, located at 450 Grant St in Akron, OH 44311, presents a compelling investment opportunity. The two-story, Class B property, built in 1973 and renovated in 1996, boasts a contemporary design with a stunning atrium and professionally landscaped grounds. The building features ample natural light, a modernized security system (updated 2021), and abundant parking on a 2.29-acre lot. A state-of-the-art fiber network provides high-speed internet access. Recent improvements include two-thirds roof replacement (2021), ensuring low future capital expenditures. Currently, three tenants occupy approximately 83% of the space, leaving two vacant units totaling 1,592 square feet, ranging from 684 to 908 contiguous square feet. This prime downtown location offers superb access to I-76, I-77, and OH-8, with abundant nearby shopping and dining options. The property benefits from a strong surrounding community with a population of 230,244 and an average household income of $54,542 within a five-mile radius. Daytime employment within five miles is 137,235, supported by approximately 10,298 businesses. The building's proximity to the University of Akron's campus further enhances its appeal. The Akron submarket comprises roughly 27.6 million square feet of office space, with recent consistent activity in property trades. This presents a significant opportunity for an investor to lease the vacant space at market rates and realize substantial upside potential.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $955,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $789,000
Market price range: $678k - $1.66M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Akron
- County
- Summit
- State
- Ohio
- Longitude
- -81.5186
- Latitude
- 41.071
- CBSA code
- 10420
- CBSA name
- AKRON, OH METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$27,848
$64,120
$250,880
$315,000
-
$183,200
$716,800
$900,000
