Individually Owned Property summary
AI-generated overview
This 3,545 square foot warehouse, situated on a 0.28-acre lot at 968 Grant St, Akron, OH 44311, presents a compelling owner-user opportunity. Built in 1958, the single-story building features a 16-foot ceiling height and is zoned U-4. Previously used as a body shop, the property boasts two overhead doors (one 30'W x 14'H and another 10'H x 12'W) facing Grant Street, providing excellent access for vehicles and equipment. The property is fully fenced, ensuring complete security. The building also includes existing office space. Utilities include gas, electric, and water. The asking price is $169,000, translating to $47.67 per square foot. This is an exceptional chance for businesses in the automotive or related industries seeking to expand or establish a new location while building equity. The property consists of two parcels (6736687, 6736688) and offers a rare combination of space, location, and potential. Don't miss this chance to acquire a well-located, functional warehouse in a thriving Akron neighborhood.
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1958
Total area
3,545 SF
Lot
0.13 ac (5,619 SF)
APN
67-36687
UPID
US66-1384227
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
-
Auto Repair Shop
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$160k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$145k
Owner & transaction history
since 2025
Last sale
$150,000
2 recorded transactions
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 8 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$145k
Value range
$131k – $160k
±10% around blend
Estimated value / SF
$41 / SF
Confidence
High
8 county-verified comps
Property data
88
Market benchmarks
67
Comparable evidence
80
$131k
blend $145k
$160k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
3,545 SF
Lot area
0.13 ac
Year built
1958
Stories
1
APN
67-36687
Assessed value
$37,940
Annual tax
$3,525
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$447k
Weighted, 8 comps · high confidence
Evidence
8 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
5.9 mi away · 4,208 SF
7.4 mi away · 2,760 SF
15.3 mi away · 3,702 SF
17.9 mi away · 4,168 SF
18.8 mi away · 3,666 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$145k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 72 sales
$100
-59%
County 117 sales
$99
-59%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $41/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 8 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$150k
Move the market yield to see immediate price impact.
Value / SF
$42
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$9k
$189k
$135k
$105k
$11k
$210k
$150k
$117k
$12k
$231k
$165k
$128k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
8 found
High confidence · county-verified
Closest comparable
$487k
2.4 mi · Nov 2025 · $169/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$3,525
Tax year 2023
Assessed value
$37,940
Assessed 2023
Previous assessed
$37,940
+0.0% YoY
Effective rate
9.29%
On assessed value
Assessed land
$5,890
Assessed improvement
$32,050
Land market value
$16,830
Improvement market value
$91,570
Total market value
$108,400
Applied tax rate
67.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1958
Heating
FORCED AIR
Cooling
NONE
Stories
1
Bathrooms
1
Total area
3,545 SF
Lot
0.13 ac (5,619 SF)
APN
67-36687
UPID
US66-1384227
Jurisdiction
SUMMIT
Zoning & alternative use
Zoning · permitted uses
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release.
Building & site characteristics
From public records
Year built
1958
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.13 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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