Property profile

508 Newton St Tallmadge, OH 44278

OFF-MARKET
Parking lots & garages
Property ID
US66-0902405
16,750 SF 8.95 ac lot Built 1969
Entity Owned 15-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Parking lots & garages
Use group PARKING GARAGE, PARKING STRUCTURE
Year built 1969
Total area 16,750 SF
Lot 8.95 ac (389,818 SF)
APN 60-00032
UPID US66-0902405

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
  • Social Service Agency Charitable Organization

Location

508 Newton St Tallmadge, OH 44278-3228
Tallmadge metro Census 530903 AKRON, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.95M
Blend (final) Blend
$230k

Owner & transaction history

since 2010
7 recorded transactions
2016
Price N/A
2010
$260,000
2010
Price N/A
2010
Price N/A
2009
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Restaurant $1.9M +20.4%
Auto repair, garage $1.7M +7.6%
Medical building $1.6M +1.3%

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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