2700 Gilchrist RdAkron, OH 44305
- Other commercial real estate
- 467,410 SF
Property Details for 2700 Gilchrist Rd
- Year built
- 1963
- Lot size
- 23.77 AC
- Property size (Sq ft)
- 467,410 SF
- Property type
- Other commercial real estate
- Property subtype
- Showrooms
- APN
- 71-00027
- APU
- 7100027
Description
Gilchrist Road Industrial Complex I offers a prime opportunity to lease 14,111 square feet of warehouse space within a larger 530,000 square foot multi-tenant industrial complex. This strategically located property, situated conveniently off I-76, is ideally suited for distribution and manufacturing businesses. The available space is part of a building featuring cold storage capabilities, a significant advantage for businesses requiring temperature-controlled environments. The building is equipped with a comprehensive fire sprinkler system, ensuring the safety of both inventory and personnel. Furthermore, the property boasts two (2) convenient truck-loading docks, facilitating efficient loading and unloading operations. The multi-tenant nature of the complex provides a vibrant and collaborative business environment. This exceptional location and the building's features make this warehouse space an attractive option for companies seeking a functional and well-equipped facility in a highly accessible location within Summit County. The available space presents a unique opportunity to establish or expand operations in a thriving industrial area. Interested parties are encouraged to inquire for further details and to schedule a viewing.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $130,669,320
- 6.5%
- $120,617,832
- 7%
- $112,002,272
-
Comparable approach
- Method
- Valuation
- Relative Method
- $110,178,256
- Geo Method
- $110,178,256
-
Alternative Use
- Use
- Valuation
- Residential
- $101,745,656
- Hospitality
- $93,198,472
- Educational
- $77,540,032
- Medical
- $80,206,752
- Retail
- $120,617,832
Location Insight
- City
- Akron
- County
- Summit
- State
- Ohio
- Latitude
- 41.0623
- Longitude
- -81.4286
- CBSA code
- 10420
- CBSA name
- AKRON, OH METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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