Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$660,000
Residential income homes
771 Exchange St Akron, OH 44306-1069
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US66-0602599
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1926
Construction
FRAME
Total area
4,096 SF
Lot
0.1 ac (4,312 SF)
APN
68-07459
UPID
US66-0602599
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
$660k
CAP Approach
CAP
$575k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$660k
Owner & transaction history
Carson Property Holdings LLC · 4 yrs held
Carson Property Holdings LLC
since 2022
Last sale
$675,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$445,000
+60.2%
Auto repair, garage
$410,000
+46.5%
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
$715,000
ML approach
$660,000
CAP Approach
CAP Return
Estimation
6%
$625,000
6.5%
$575,000
7%
$535,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$445,000
Change: +60% · Conversion: Moderate
AUTO REPAIR, GARAGE
$410,000
Change: +47% · Conversion: Difficult
Blend value · Realmo final
$660k
Range $594k – $726k · ±10% · vs last sale $675k (May 6 2022)
Last sale anchor
$675k
May 6 2022
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
$161 / 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
$3,145
Tax year 2023
Assessed value
$34,940
Assessed 2023
Previous assessed
$34,940
+0.0% YoY
Effective rate
9.00%
On assessed value
Assessed land
$5,160
Assessed improvement
$29,780
Land market value
$14,740
Improvement market value
$85,090
Total market value
$99,830
Applied tax rate
68.0000
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
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1926
Construction
FRAME
Heating
FORCED AIR
Cooling
NONE
Stories
2
Units
4
Bathrooms
4
Total area
4,096 SF
Lot
0.1 ac (4,312 SF)
APN
68-07459
UPID
US66-0602599
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
MEDICAL BUILDING
Est. value
$445,000
AUTO REPAIR, GARAGE
Est. value
$410,000
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
1926
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
4
Bathrooms
4
Lot
0.1 ac
Current owner
From public records · entity-resolved
Carson Property Holdings LLC
Entity
Mailing address
775 E EXCHANGE ST, AKRON, OH 44306-1068
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 6, 2022
$675,000
Carson Property Holdings LLC
C & C Properties & Management Ltd
Warranty Deed
$635,900 · Echo Health Re Inv LLC
Dec 30, 2016
$70,000
C & C Properties & Management
Beebe Properties LLC
Warranty Deed
—
Nov 16, 2010
—
Beebee Properties LLC
Bennett,wilfred D
Warranty Deed
—
May 14, 2004
$95,000
Wilfred D Bennett
Shaffer,barry
Quit Claim Deed
related
—
Dec 18, 2003
$64,100
Barry Shaffer
Clark,thomas W
Trustees Deed
—
Oct 15, 1999
$95,000
Clark,thomas W & Sarah M
Hess,mary A
Trustees Deed
$76,000 · Rockwell Mortgage Co
Oct 15, 1999
—
Bess,mary A
Mayor Trust
Trustees Deed
related
—
—
—
Wilfred D Bennett
—
Deed Of Trust
related
$75,000 · Cf Bank
—
—
Beebee Properties LLC
—
Deed Of Trust
related
$825,000 · Cf Bk
—
—
Wilfred D Bennett
—
Deed Of Trust
related
$97,750 · National City Bank
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.
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 771 Exchange St?
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 →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
