Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Everett Rd Akron, OH 44333
    Back to Search
    Property profile & analytics

    Everett Rd, Akron, OH 44333

    View on Map
    • Commercial land
    • 972 SF
    • 0.82 lot acres
    Off-Market
    Last Sale Apr 30, 2025
    $575,000
    Property ID
    US66-3555276
    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.
    Value Estimations
    $550,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial land

    Property Details for Everett Rd

    Year built
    1925
    Lot size
    0.82 lot acres
    Property type
    Commercial land
    APN
    04-02279
    APU
    402279

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    May 7, 2025 — James Richard Probert Christopher M Carson Deed —
    Apr 30, 2025 — Christopher M Carson Chrisjen LLC Quitclaim Deed · related —
    Apr 28, 2023 $575,000 Chrisjen LLC Poinar Management Group Ltd Special Warranty Deed —
    Feb 14, 2005 — Poinar Management Group Ltd Parsons Family Warranty Deed —
    Jan 15, 2002 — Poinar Management Group Ltd Poinar,eva H Quit Claim Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $555,000
      ML approach
      $505,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Akron
    County
    Summit
    State
    Ohio
    Longitude
    -81.6393
    Latitude
    41.2019
    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
    $2,108
    $32,650
    $0.00
    $32,650
    -
    $93,280
    $0.00
    $93,280

    Comparable in this City

    • Value Estimation by Request
      1.31 Acres

      620 Ridgewood Xing

      VACANT COMMERCIAL LAND
      620 Ridgewood Xing, Fairlawn, OH 44333-3531
      View Details
    • Value Estimation by Request
      6.27 Acres

      3131 Smith Rd

      VACANT COMMERCIAL LAND
      3131 Smith Rd, Fairlawn, OH 44333-2613
      View Details
    • Value Estimation by Request
      0.03 Acres

      Chamberlain Rd

      VACANT COMMERCIAL LAND
      Chamberlain Rd, Akron, OH 44333
      View Details
    • Value Estimation by Request
      0.16 Acres

      Yellow Crk Rd

      VACANT COMMERCIAL LAND
      Yellow Crk Rd, Akron, OH 44333
      View Details
    • Value Estimation by Request
      0.02 Acres

      Yellow Crk Rd

      VACANT COMMERCIAL LAND
      Yellow Crk Rd, Akron, OH 44333
      View Details
    • Value Estimation by Request
      9.28 Acres

      Cleveland Massillon Rd

      VACANT COMMERCIAL LAND
      Cleveland Massillon Rd, Akron, OH 44333
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Commercial Land on Medina Road

      High-visibility commercial land with extensive frontage on Medina Road.
      4585 Medina Rd, Bath, OH 44333
      View Details
    • $2,005,260

      Prime Mixed-Use Development Opportunity

      Land assemblage suitable for mixed-use development in a growing market.
      Ghent Rd, Fairlawn, OH 44333
      View Details
    • $1,300,000
      4 SF

      Prime Land in Bath Township

      4-acre commercial land with B-3 zoning in Akron, Ohio.
      153 Springside Dr, Akron, OH 44333
      View Details
    • Contact for pricing

      Prime Land in Fairlawn

      0.58 acres with frontage on West Market Street.
      S Miller Rd, Fairlawn, OH 44333
      View Details
    • Contact for pricing

      Prime Land in Fairlawn

      0.58 acres with frontage on two busy streets.
      W Market St, Fairlawn, OH 44333
      View Details
    • $1,350,000

      Ready-to-Develop Commercial Land

      3.5-acre commercial property ready for development in a prime location.
      4655 Medina Rd, Akron, OH 44333
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Prime Land with Highway Visibility

      1.3 acre outlot with high traffic and parking.
      620 Ridgewood Xing, Fairlawn, OH 44333
      View Details
    • Contact for pricing

      Land Available For Lease

      Commercial land available for lease in Q1 2025.
      185 S Cleveland Massillon Rd, Fairlawn, OH 44333
      View Details
    • Contact for pricing

      Grocery Anchored Shopping Center Space

      Retail space in a grocery-anchored shopping center for lease.
      3979 Medina Rd, Akron, OH 44333
      View Details
    • $10 SF/Yr
      14,429 SF

      Fairlawn Office Sublease Opportunity

      Furnished office space available for sublease in Fairlawn.
      703 South Cleveland Massillon Rd, Fairlawn, OH 44333
      View Details
    • Contact for pricing
      650 SF

      First Floor Office Suite

      Office suite with private entrance and highway access.
      3631 Brookwall Dr, Fairlawn, OH 44333
      View Details
    • Contact for pricing
      4,343 SF

      Office Building Sublease Opportunity

      Flexible office space available for sublease near I-77.
      325 Springside Dr, Akron, OH 44333
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Everett Rd
    Akron, OH 44333
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Everett Rd, Akron, OH, 44333
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!