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Property profile & analytics
OFF-MARKET
Gas stations
569 Market St Akron, OH 44303-1838
Entity Owned
Free & Clear
Property ID
US66-1697796
Property summary
AI-generated overview
This 2,091-square-foot retail building at 569 W Market St, Akron, OH 44303, is ideally situated on a signalized corner of West Market Street and Merriman Road, offering exceptional visibility and high traffic counts. Currently configured as an auto shop, this property features three-bay garage doors and an existing pole sign on West Market Street, ensuring prominent branding opportunities. The convenient location provides easy ingress and egress, benefiting both customers and employees. Zoned U-3 Retail Business District, this versatile space presents significant potential for conversion into a restaurant, lounge, or other retail establishment. The property's prime location offers proximity to Downtown Akron, the Merriman Valley, and Akron's West Side, tapping into a diverse customer base. The asking price is $399,000. This is a rare opportunity to acquire a highly visible and strategically located commercial property in a thriving Akron neighborhood.
Property profile
Verified
Property type
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Year built
1965
Total area
2,091 SF
Lot
0.29 ac (12,632 SF)
APN
67-55411
UPID
US66-1697796
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
569 W Market LLC
569 W Market LLC
since 2025
Last sale
$275,000
2 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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
$6,316
Tax year 2023
Assessed value
$55,900
Assessed 2023
Previous assessed
$55,900
+0.0% YoY
Effective rate
11.30%
On assessed value
Assessed land
$20,990
Assessed improvement
$34,910
Land market value
$59,970
Improvement market value
$99,740
Total market value
$159,710
Applied tax rate
67.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Status
Off-Market
Year built
1965
Heating
FORCED AIR
Cooling
NONE
Stories
1
Bathrooms
1
Total area
2,091 SF
Lot
0.29 ac (12,632 SF)
APN
67-55411
UPID
US66-1697796
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
Year built
1965
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.29 ac
Current owner
From public records · entity-resolved
569 W Market LLC
Entity
Free & Clear · 0 yrs held
Mailing address
569 W MARKET ST, AKRON, OH 44303-1838
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 21, 2025
$275,000
569 W Market LLC
The Amer Family Trust
Deed
—
Aug 6, 2019
—
Amer Family Trust
Amer,james W
Quit Claim Deed
related
—
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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