180 Cuyahoga StAkron, OH 44304

Property Details for 180 Cuyahoga St

Year built

1997

Lot size

0.62 AC

Property size (Sq ft)

8,800 SF

Property type

Other commercial real estate

Property subtype

Showrooms

APN

67-64419

APU

6764419

Description

This exceptional industrial property, located at 180 Cuyahoga Street in Akron, Ohio, presents a fantastic investment opportunity. The 8,800 square foot building, constructed in 1997, boasts a remarkably clean and well-maintained interior. Its open floor plan, free of obstructing pillars, offers considerable flexibility for a wide range of industrial and commercial uses. The property includes two loading docks, two restrooms, dedicated office spaces, and a clean room, providing a comprehensive and functional layout. The building's design allows for the potential addition of an overhead door, should future needs require it. Adding to its appeal is the inclusion of an adjacent parcel of land, totaling 0.68 acres, which provides ample opportunity for additional parking or future expansion. Situated just north of downtown Akron, this property benefits from convenient access to major transportation routes and a thriving local economy. The asking price for this turnkey industrial space is $750,000. This represents a compelling opportunity to acquire a high-quality, well-located industrial building with significant potential for growth and return on investment. The property's features and location make it an ideal choice for businesses seeking a functional and adaptable workspace in a desirable Akron location.

• CAP approach

  CAP return

  Valuation

  6%

  $2,460,131

  6.5%

  $2,270,890

  7%

  $2,108,684

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,074,343

  Geo Method

  $2,074,343

• Alternative Use

  Use

  Valuation

  Residential

  $1,915,581

  Hospitality

  $1,754,662

  Educational

  $1,459,858

  Medical

  $1,510,065

  Retail

  $2,270,890

Location Insight

City

Akron

County

Summit

State

Ohio

Latitude

41.0958

Longitude

-81.5199

CBSA code

10420

CBSA name

AKRON, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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