520 S Main St Akron, OH 44311
Property Lookup
Property profile & analytics
520 S Main St Akron, OH 44311
- Industrial properties
- 13,240 SF
- 18.06 lot acres
Property ID
US66-1255592
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
- Apex Companies, LLC / Environmental Consultant
- Actech Software / (Bike/Boat/Book/etc) Store / Corporate Office
- SACS Consulting & Investigative Services, Inc. / Employment Agency / Business Service Center
- Quikey Computer Systems / Electronics & Wireless Store
- PerkinElmer / Medical Supply Store
Property Details for 520 S Main St
- Year built
- 1907
- Lot size
- 18.06 lot acres
- Property size
- 13,240 SF
- Property type
- Industrial properties
- APN
- 67-60141
- APU
- 6760141
Description
Canal Place presents a unique investment opportunity in Summit County. This historic property, formerly the BFGoodrich rubber factory, boasts a rich industrial heritage now reimagined as a vibrant mixed-use space. The 2.622-acre site comprises five buildings, each rising six stories, offering a total of over 1 million square feet of space. Currently, one 13,790 square foot office space is available for lease within this multi-tenant complex. The property is zoned U-1, allowing for diverse uses. Built in 1908, the buildings retain their character while offering modern adaptability. The property's multiple buildings and various floorplates provide flexibility for a range of business needs, from small startups to larger enterprises. The substantial lot size and existing infrastructure offer significant potential for future development or expansion. The property's location in Summit County provides access to a thriving local economy and convenient transportation links. With its blend of history and modern functionality, Canal Place offers a compelling opportunity for businesses seeking a distinctive and adaptable workspace. The property's APN numbers are 6763927 and 6763928. The Class B designation reflects the property's well-maintained condition and functional design. The number of suites is currently zero, indicating the potential for customized space configurations.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $495,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,030,000
- 6.5%
- $950,000
- 7%
- $880,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $746,000
- AI Estimate
- $551,000
Market price range: $241k - $747kMarket price range: $182k - $551k -
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $470,000 Current use
- OFFICE BUILDING
- $1,065,000 Change: +127% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $900,000 Change: +92% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $885,000 Change: +89% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Akron
- County
- Summit
- State
- Ohio
- Longitude
- -81.5274
- Latitude
- 41.0716
- 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
$106,803
$467,890
$737,890
$1,205,780
-
$1,336,820
$2,108,250
$3,445,070
