2700 Gilchrist RdAkron, OH 44305

  • Other commercial real estate
  • 467,410 SF
For Lease

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
2700 Gilchrist Rd, Akron, Ohio

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

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
$204,905
$421,200
$2,732,340
$3,153,540
-
$1,203,440
$7,806,690
$9,010,130

FAQs

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