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Property profile & analytics
FOR SALE
Industrial properties
96 E Crosier St Akron, OH 44311
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US66-2110459
For Sale
1 / 14
$1,855,000
96 E Crosier St, Akron, OH 44311
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Property summary
AI-generated overview
This Akron, Ohio industrial property offers four buildings totaling 253,871 square feet, situated on a 10-acre lot. Built in 1928 with renovations in 1960, the property features a mix of distribution, manufacturing, and warehouse space, currently at 100% occupancy. The buildings are two stories high, with ceiling heights ranging from 15 to 50 feet. The property boasts four dock-high doors, making loading and unloading efficient. Zoned U-5, this multi-tenant complex benefits from its strategic location at the I-77, I-76, and Main Street interchange, providing excellent visibility from I-77 and easy access to major roadways, including I-77 and State Route 8. Its proximity to downtown Akron adds to its appeal. The property's size and versatile space make it suitable for a variety of industrial uses. This is a rare opportunity to acquire a well-located, established industrial portfolio in a thriving Ohio market. The address is 96 E Crosier St, Akron, OH 44311, within Summit County.
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1952
Total area
32,780 SF
Lot
3.38 ac (147,233 SF)
APN
68-54133
UPID
US66-2110459
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
-
G & O Resources Ltd Law Firm
-
Mc Neil & Nrm Industrial Manufacturer Production Facility
-
McNeil Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.35M
Comparable Approach
Comparable
$1.85M
Blend (final)
Blend
$1.86M
Owner & transaction history
Mcneil & Nrm INC · 6 yrs held
Mcneil & Nrm INC
since 2019
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$3.1M
+164.3%
Office building
$2.6M
+127.4%
Apartment house (5+ units)
$2.2M
+92.5%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,550,000
6.5%
$2,350,000
7%
$2,185,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,160,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$3,065,000
Change: +164% · Conversion: Difficult
OFFICE BUILDING
$2,635,000
Change: +127% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,230,000
Change: +92% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,190,000
Change: +89% · Conversion: Difficult
Blend value · Realmo final
$1.86M
Range $1.67M – $2.04M · ±10%
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
$57 / 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
$50,377
Tax year 2023
Assessed value
$556,830
Assessed 2023
Previous assessed
$556,830
+0.0% YoY
Effective rate
9.05%
On assessed value
Assessed land
$76,900
Assessed improvement
$479,930
Land market value
$219,700
Improvement market value
$1,371,220
Total market value
$1,590,920
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
For Sale
Year built
1952
Heating
FLOOR/WALL FURNACE
Cooling
NONE
Buildings
2
Stories
1
Units
1
Bathrooms
1
Total area
32,780 SF
Lot
3.38 ac (147,233 SF)
APN
68-54133
UPID
US66-2110459
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
INDUSTRIAL (GENERAL) Current
Est. value
$1.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.1M
OFFICE BUILDING
Est. value
$2.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.2M
COMMERCIAL (GENERAL)
Est. value
$2.2M
INDUSTRIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
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
1952
Heating
FLOOR/WALL FURNACE
Cooling
Yes
Stories
1
Buildings
2
Units
1
Bathrooms
1
Lot
3.38 ac
Current owner
From public records · entity-resolved
Mcneil & Nrm INC
Entity
Mailing address
96 E CROSIER ST, AKRON, OH 44311-2342
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 9, 2019
—
Mcneil & Nrm INC
—
Grant Deed
related
$6,775,200 · Pnc Bk
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.
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