Property profile

8761 Shepard Rd Macedonia, OH 44056

OFF-MARKET
Parking lots & garages
Property ID
US66-1697538
11,258 SF 9.17 ac lot Built 1995
Entity Owned Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Parking lots & garages
Use group PARKING GARAGE, PARKING STRUCTURE
Year built 1995
Total area 11,258 SF
Lot 9.17 ac (399,445 SF)
APN 33-03874
UPID US66-1697538

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Daycare Center

Location

8761 Shepard Rd Macedonia, OH 44056-1990
Macedonia metro Census 532708 AKRON, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$775k
Blend (final) Blend
$215k

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Restaurant $1.3M +20.4%
Auto repair, garage $1.1M +7.6%
Medical building $1.1M +1.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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 8761 Shepard Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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