You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET Estimated value $1,065,000
Medical Office Space

754 Cleveland Ave Mogadore, OH 44260-2200

22,982 SF 2.02 ac lot Built 1989
Entity Owned 28-yr Hold ~ Est. High Equity
Property ID
US66-1552864
Property summary
AI-generated overview

This exceptional three-story, 16,488 square foot Class B office building presents a compelling investment opportunity. Located at 754 S Cleveland Ave, Akron, OH 44312, in Summit County, this multi-tenant property boasts 90% occupancy with a diverse mix of executive, medical, and traditional office spaces across five units. Built in 1989 and extensively renovated in 2021, the property features a new water system, updated monument signage, a resurfaced parking lot, and significant LED lighting upgrades (50% of the building). The 6.47-acre lot provides ample parking. Current leases offer a strong cash flow, with an anchor tenant holding an eight-year lease and others ranging from three to six years. A vacant second-floor suite presents a value-add opportunity for increased revenue. The property benefits from a modified lease structure and is strategically situated off SR-224 in a park-like setting, bordering Portage County. The asking price is $1,150,000, translating to $69.75 per square foot. APN: 5109346

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1989
Construction FRAME
Total area 22,982 SF
Lot 2.02 ac (87,991 SF)
APN 51-09346
UPID US66-1552864
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
  • Brian R. Cain MD and Associates LLC Pediatrician Physician
  • LabCare PLUS - Mogadore Medical Laboratory
  • Joseph Burick, DO Pediatrician Physician
  • Jenna R. Ackerman, NP Physician
  • Brian R. Cain, MD not there anymore Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.07M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.21M
Blend (final) Blend
$1.07M
Owner & transaction history
Cleveland Avenue Properties · 28 yrs held
Cleveland Avenue Properties
since 1998
Last sale
$1.1M
3 recorded transactions
1998
$625,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 754 Cleveland Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message