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Property profile & analytics
FOR LEASE
Office buildings
571 E Turkeyfoot Lake Rd, Akron, OH 44319
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US66-2463461
For Lease
1 / 4
$550/Mo
571 E Turkeyfoot Lake Rd, Akron, OH 44319
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Property summary
AI-generated overview
This well-maintained, two-story office building at 571 East Turkeyfoot Lake Road, Akron, OH 44319, offers flexible space options. The building, constructed in 1998, totals 8,608 square feet and sits on a 2.4-acre lot. Currently, 1,344 square feet of vacant space is available, divisible into units as small as 144 square feet, with a maximum contiguous space of 1,200 square feet. The zoning is B1. The property features two available suites. One suite offers 1,200 square feet, encompassing three private offices, a conference room, and an administrative desk area. Tenants in this suite are responsible for gas, electric, and internet services. Prominent signage opportunities exist on both the building and a monument sign. A second option provides a single office with access to shared amenities including a conference room, waiting area, and kitchen. All utilities and internet are included in this option. The building's APN is 28-16515. This is an excellent opportunity for businesses seeking flexible and conveniently located office space in Akron.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1998
Total area
8,608 SF
Lot
2.43 ac (105,938 SF)
APN
28-16515
UPID
US66-2463461
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
-
Bond & Associates Title Agency Inc Title Company
-
Shultz Design & Construction Construction Company General Contractor
-
Rent A Pro USA, LLC Rental
-
Polaris Home Funding Loan Service Bank
-
Barbara Bailey Pediatrician Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.12M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.12M
Blend (final)
Blend
$1.12M
Owner & transaction history
Dws Mantel Properties 2 LLC · 2 yrs held
Dws Mantel Properties 2 LLC
since 2024
Last sale
$1.1M
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$940,000
+35.6%
Restaurant
$915,000
+31.9%
Auto repair, garage
$860,000
+24.0%
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
$1,115,000
ML approach
$1,115,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$690,000
Current use
MEDICAL BUILDING
$940,000
Change: +36% · Conversion: Easy
RESTAURANT
$915,000
Change: +32% · Conversion: Moderate
AUTO REPAIR, GARAGE
$860,000
Change: +24% · Conversion: Difficult
COMMERCIAL (GENERAL)
$815,000
Change: +17% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$805,000
Change: +16% · Conversion: Difficult
Blend value · Realmo final
$1.12M
Range $1.00M – $1.23M · ±10% · vs last sale $1.12M (Mar 8 2024)
Last sale anchor
$1.12M
Mar 8 2024
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
$130 / SF
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
$17,798
Tax year 2023
Assessed value
$317,650
Assessed 2023
Previous assessed
$317,650
+0.0% YoY
Effective rate
5.60%
On assessed value
Assessed land
$39,930
Assessed improvement
$277,720
Land market value
$114,080
Improvement market value
$793,490
Total market value
$907,570
Applied tax rate
28.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1998
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Units
4
Total area
8,608 SF
Lot
2.43 ac (105,938 SF)
APN
28-16515
UPID
US66-2463461
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
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$690,000
MEDICAL BUILDING
Est. value
$940,000
RESTAURANT
Est. value
$915,000
AUTO REPAIR, GARAGE
Est. value
$860,000
COMMERCIAL (GENERAL)
Est. value
$815,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$805,000
OFFICE BUILDING Current
MEDICAL BUILDING
RESTAURANT
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1998
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
4
Lot
2.43 ac
Current owner
From public records · entity-resolved
Dws Mantel Properties 2 LLC
Entity
Mailing address
569 E TURKEYFOOT LK RD STE C, AKRON, OH 44319-4129
Ownership since
2024
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
Mar 8, 2024
$1,115,000
Dws Mantel Properties 2 LLC
Shultz Family Investments LLC
Warranty Deed
$892,000 · Wesbanco Bank INC
Dec 9, 2020
—
Shultz Family Invstmnt LLC
Dcs Props INC
Warranty Deed
—
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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