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    Property profile & analytics

    875 Ivor Ave Akron, OH 44314

    • Commercial real estate
    • 2,000 SF
    • 16.82 lot acres
    For Sale
    View listing
    $199,500
    Value Estimation
    Location Intelligence
    Property ID
    US66-1681865
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 875 Ivor Ave

    Year built
    1959
    Lot size
    16.82 lot acres
    Property size
    2,000 SF
    Property type
    Commercial real estate
    APN
    67-41011
    APU
    6741011

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Akron
    County
    Summit
    State
    Ohio
    Longitude
    -81.5585
    Latitude
    41.0294
    CBSA code
    10420
    CBSA name
    AKRON, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,754
    $20,610
    $540
    $21,150
    -
    $58,870
    $1,530
    $60,400

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    875 Ivor Ave
    Akron, OH 44314
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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