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Property profile & analytics
OFF-MARKET
Estimated value
$6,735,000
Parking lots & garages
55 Waterloo Rd Akron, OH 44319-1116
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US66-3733833
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Lot
0.33 ac (14,375 SF)
APN
68-58021
UPID
US66-3733833
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Schneider Karen M Physician
-
Dr. Erica Keller Physician
-
Givens Cynthia A Pharmacy
-
Stanley V. Lee, MSW Foster Care Service Social Service Agency
-
Dr. Jeanette Porubovich-mizenko Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.12M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.74M
Owner & transaction history
Uirc Gsa Akron Oh 55 LLC · 5 yrs held
Uirc Gsa Akron Oh 55 LLC
since 2021
Last sale
$6.7M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Akron submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Akron submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$6,890,000
ML approach
$5,115,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$6.74M
Range $6.06M – $7.41M · ±10% · vs last sale $6.66M (Jul 12 2021)
Last sale anchor
$6.66M
Jul 12 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$1,200
Tax year 2023
Assessed value
$10,900
Assessed 2023
Previous assessed
$10,900
+0.0% YoY
Effective rate
11.01%
On assessed value
Assessed land
$8,660
Assessed improvement
$2,240
Land market value
$24,750
Improvement market value
$6,390
Total market value
$31,140
Applied tax rate
68.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Status
Off-Market
Heating
NONE
Lot
0.33 ac (14,375 SF)
APN
68-58021
UPID
US66-3733833
Jurisdiction
SUMMIT
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Lot
0.33 ac
Current owner
From public records · entity-resolved
Uirc Gsa Akron Oh 55 LLC
Entity
Mailing address
55 W WATERLOO RD, AKRON, OH 44319-1116
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 23, 2022
—
Uirc Gsa Akron Oh 55 LLC
—
Deed
related
$25,000,000 · Wheaton Bank & Trust Company
Jul 12, 2021
$6,655,400
Uirc Gsa Akron Oh 55 LLC
Prremier Office Comples LLC
Limited Warranty Deed
—
Aug 8, 2003
—
Premier Office Complex
—
Deed Of Trust
related
$4,000,000 · Protective Life Insurance Co
Aug 1, 2002
$450,000
Premier Office Complex INC
Deal,barbara A
Grant Deed
$3,300,000 · Huntington National Bank
May 9, 1997
$407,500
Barbara A Deal
Girves,thelma L
Grant Deed
$625,000 · First Nat'l Bank Zanesville
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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