Property profile

557 E Tallmadge Ave Akron, OH 44310

FOR LEASE
Truck terminals
Property ID
US66-2967317
52,369 SF 20.65 ac lot Built 1952
Entity Owned Free & Clear
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Property summary

AI-generated overview

This 52,369-square-foot industrial building, situated on a 19-acre lot in Akron, Ohio, presents a unique investment opportunity. Originally constructed in 1952, the property was previously adapted for office use as a call center. Currently vacant, the entire 52,369 square feet is available for lease. The space features a flexible layout, with 37,369 square feet currently configured as office space, offering significant adaptability for a variety of uses. The building boasts true ceiling heights of 13 to 14 feet, and includes heavy power, making it ideal for manufacturing or industrial tenants requiring office space. The property offers four loading docks, and the potential for additional dock doors and drive-in doors. The owner is open to renovating the space to meet a tenant's specific needs, potentially converting it back to a fully industrial configuration. The site also includes a backup generator and over an acre of land suitable for truck or vehicle parking. Its location in Akron provides convenient access to Route 8, enhancing logistical efficiency. This property offers a substantial space with significant potential for customization and a strategic location. Located in Summit County, this property is ready for its next chapter.

Property profile

Verified
Property type Truck terminals
Use group TRUCK TERMINAL (MOTOR FREIGHT)
Year built 1952
Total area 52,369 SF
Lot 20.65 ac (899,558 SF)
APN 67-63574
UPID US66-2967317

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

557 E Tallmadge Ave Akron, OH 44310
Akron metro Census 502101 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
$1.60M
Blend (final) Blend
$810k

Owner & transaction history

since 2025
Last sale
$2.7M
3 recorded transactions
2025
$2.7M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Retail stores $2.9M +85.3%

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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More about this property
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