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Property profile & analytics
OFF-MARKET Estimated value $705,000
Showrooms

705 Johnston St Akron, OH 44306-1235

22,794 SF 1.74 ac lot Built 1921
Entity Owned 1-yr Hold Free & Clear
Property ID
US66-0311375
Property summary
AI-generated overview

This exceptional 22,794-square-foot warehouse, located at 705 Johnston Street in Akron, Ohio, presents a compelling investment opportunity. Recently renovated, the property boasts a brick veneer exterior and sits on a generous 1.74-acre lot, including over an acre of fenced-in outdoor storage space. The warehouse features impressive ceiling heights reaching up to 25 feet in the center, making it ideal for various industrial uses. Access is provided by three overhead doors (measuring 18' x 12', 14' x 10', and 10' x 12') and a 10' x 8' dock. The building is equipped with heavy power, including 3-phase power, and a 5-ton crane, enhancing its operational capabilities. Recent renovations encompass a new roof, a new overhead door, fresh paint throughout, new carpeting in the office spaces, updated lighting, and new flooring in the restrooms. The property's strategic location in Akron offers potential for visible highway signage, further increasing its appeal. The asking price is $910,000, with a price per square foot of $39.92. Note that an adjacent 11,439 SF office/warehouse building at 695 Johnston Street is also available for purchase.

Property profile
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1921
Total area 22,794 SF
Lot 1.74 ac (75,794 SF)
APN 68-59733
UPID US66-0311375
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
$480k
CAP Approach CAP
by Request
Comparable Approach Comparable
$611k
Blend (final) Blend
$705k
Owner & transaction history
Executive Real Estate Holdings Akro · 1 yrs held
Executive Real Estate Holdings Akro
since 2025
Last sale
$690,000
7 recorded transactions
2025
Price N/A
2025
$78,500
2025
$690,000
2025
Price N/A
2020
$411,156
2020
Price N/A
2020
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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