Property summary
This exceptional investment opportunity presents a single-tenant, 5,810 square foot flex building located at 595 Miami St, Akron, OH 44311. The property, built in 1969 and situated on a 0.705-acre lot (APN 6811289), boasts a strong net lease with a remaining term of approximately six months (expiring May 5, 2025). Currently 100% occupied, the building generates a substantial NOI of $69,600, resulting in an attractive 14.23% cap rate. The asking price is $489,000, translating to $84.17 per square foot. Key features include a recently updated roof (less than 5 years old), a new HVAC system, and ample parking. The property is zoned Akron U-5 and is ideally suited for service-based businesses. This is a rare chance to acquire a well-maintained, high-performing asset in a prime Akron location, offering immediate cash flow and significant upside potential. The building's single-tenant occupancy minimizes management complexities, making it an attractive option for investors seeking a low-maintenance, high-return investment. The property's strategic location provides easy access to major transportation routes and the downtown core, further enhancing its appeal.
Property profile
VerifiedCap rate & NOI
Current use
-
Factory Industrial Manufacturer
-
Distribution Center Logistics Company
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.