1912 Buchholzer BlvdAkron, OH 44310

Property Details for 1912 Buchholzer Blvd

Year built

1987

Lot size

9.53 AC

Property size (Sq ft)

67,032 SF

Property type

Retail properties

Property subtype

Community centers

APN

67-55893

APU

6755893

Description

This exceptional 72,268 square foot multi-tenant storefront property, located at 1912-1954 Buchholzer Blvd in Akron, Ohio (Summit County, zip code 44310), presents a compelling investment opportunity. Situated on a 10.27-acre lot (APN 6755893 & 6755891), this retail center enjoys a prime location at the high-traffic intersection of Howe Avenue and Buchholzer Boulevard, boasting over 33,000 vehicles per day (VPD). Its strategic position within the area's dominant retail corridor, just east of State Route 8 (with over 100,000 VPD), ensures exceptional visibility and accessibility. The property offers ample on-site parking for tenants and customers. Building and monument signage opportunities are available. This thriving retail center benefits from proximity to numerous national retailers, including Best Buy, Target, Home Depot, Sam's Club, Outback Steakhouse, Panera Bread, PetSmart, Starbucks, Dick's Sporting Goods, Michael's, Giant Eagle, and Five Guys. The property serves a substantial population base of over 225,000 within a five-mile radius. Competitive lease rates are available for retail and office spaces. This is an ideal investment for those seeking a high-traffic, well-located retail property in a strong market.

• CAP approach

  CAP return

  Valuation

  6%

  $18,739,492

  6.5%

  $17,297,992

  7%

  $16,062,421

• Comparable approach

  Method

  Valuation

  Relative Method

  $15,800,837

  Geo Method

  $15,800,837

• Alternative Use

  Use

  Valuation

  Residential

  $14,591,504

  Hospitality

  $13,365,739

  Educational

  $11,120,138

  Medical

  $11,502,576

  Retail

  $17,297,992

Location Insight

City

Akron

County

Summit

State

Ohio

Latitude

41.1154

Longitude

-81.4728

CBSA code

10420

CBSA name

AKRON, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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