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Property profile & analytics
FOR SALE
Commercial real estate

875 Ivor Ave Akron, OH 44314

2,000 SF 16.82 ac lot Built 1959
Individually Owned Free & Clear
Property ID
US66-1681865
875 Ivor Ave, Akron, OH 44314 For Sale
$99,900 2,000 SF
875 Ivor Ave, Akron, OH 44314
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Property summary
AI-generated overview

This exceptional 20.75-acre development opportunity in Akron, Ohio, presents a unique investment prospect. Located at 875 Ivor Ave, Summit County, OH 44314, this property encompasses two parcels (6741011: 16.82 acres and 6854413: 3.93 acres). The land is primarily zoned U-5 (Ordinary Industry), with a smaller section zoned U-2 (Apartments), offering diverse development potential. The site is currently undergoing the final stages of brownfield remediation under a consent decree. Note that the easternmost portion of the property falls within FEMA's AE flood zone, and a significant portion appears as wetlands on the Summit County GIS website, though no formal wetland delineation has been conducted by the seller. A key advantage is the property's adjacency to railroad tracks owned by the Wheeling & Lake Erie Railway Company, suggesting potential rail service access. The location provides excellent proximity to the I-277/I-76 interchange, ensuring convenient access to major transportation arteries. The asking price for this substantial land parcel is $199,500. This property is ideal for developers seeking a large-scale project with diverse zoning and strategic location.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1959
Total area 2,000 SF
Lot 16.82 ac (732,679 SF)
APN 67-41011
UPID US66-1681865
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
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Owner & transaction history
BENNY J HIRSCH
BENNY J HIRSCH
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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