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Property profile & analytics
OFF-MARKET
Estimated value
$735,000
Specialty properties
600 Turkeyfoot Lk Rd Akron, OH 44319-4110
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US66-5283013
Property profile
Verified
Property type
Specialty properties
Use group
FUNERAL HOME
Year built
1979
Total area
10,260 SF
Lot
2.43 ac (105,938 SF)
APN
28-16438
UPID
US66-5283013
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
-
Schermesser Funeral Home Social Service Agency
-
South Akron Chapel Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$740k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$568k
Blend (final)
Blend
$735k
Owner & transaction history
Turkeyfoot Mortyary Proeprty Ltd · 1 yrs held
Turkeyfoot Mortyary Proeprty Ltd
since 2025
Last sale
$735,000
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.2M
+174.3%
Medical building
$1.1M
+148.1%
Commercial (general)
$985,000
+123.4%
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
$705,000
ML approach
$740,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
CEMETERY, FUNERAL HOME, MORTUARY (COMMERCIAL)
$440,000
Current use
AUTO REPAIR, GARAGE
$1,210,000
Change: +174% · Conversion: Difficult
MEDICAL BUILDING
$1,095,000
Change: +148% · Conversion: Difficult
COMMERCIAL (GENERAL)
$985,000
Change: +123% · Conversion: Difficult
OFFICE BUILDING
$695,000
Change: +58% · Conversion: Difficult
RETAIL STORES
$685,000
Change: +56% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$590,000
Change: +34% · Conversion: Difficult
Blend value · Realmo final
$735k
Range $662k – $809k · ±10% · vs last sale $735k (Mar 26 2025)
Last sale anchor
$735k
Mar 26 2025
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
$72 / 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
$15,082
Tax year 2023
Assessed value
$268,930
Assessed 2023
Previous assessed
$268,930
+0.0% YoY
Effective rate
5.61%
On assessed value
Assessed land
$61,980
Assessed improvement
$206,950
Land market value
$177,070
Improvement market value
$591,270
Total market value
$768,340
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
Specialty properties
Use group
FUNERAL HOME
Status
Off-Market
Year built
1979
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
1
Total area
10,260 SF
Lot
2.43 ac (105,938 SF)
APN
28-16438
UPID
US66-5283013
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
CEMETERY, FUNERAL HOME, MORTUARY (COMMERCIAL) Current
Est. value
$440,000
AUTO REPAIR, GARAGE
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$985,000
OFFICE BUILDING
Est. value
$695,000
RETAIL STORES
Est. value
$685,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$590,000
CEMETERY, FUNERAL HOME, MORTUARY (COMMERCIAL) Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
COMMERCIAL (GENERAL)
OFFICE BUILDING
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
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
1979
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Lot
2.43 ac
Current owner
From public records · entity-resolved
Turkeyfoot Mortyary Proeprty Ltd
Individual
Mailing address
600 E TURKEYFOOT LK RD, AKRON, OH 44319-4110
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 26, 2025
$735,000
Turkeyfoot Mortyary Proeprty Ltd
John P Schermesser
Warranty Deed
$825,000 · Oc FCU
Sep 12, 2018
—
John P Schermesser
John P Schermesser
Quit Claim Deed
related
—
Mar 27, 2018
—
John P Schermesser
John P Schermesser
Quit Claim Deed
related
—
Feb 15, 2017
—
John P Schermesser
John P Schermesser
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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