2409 Romig RdAkron, OH 44320

Property Details for 2409 Romig Rd

Year built

1990

Construction

FRAME

Lot size

0.96 AC

Property size (Sq ft)

6,000 SF

Property type

Community centers

APN

67-28366

APU

6728366

Description

This 6,000 square foot industrial flex space at 2409 Romig Road in Akron, Ohio, is offered for sale at $490,000. The property sits on a 0.96-acre lot and is zoned UPD-45, allowing for a variety of uses. The building features a 12-foot drive-in door and ceiling heights ranging from 12 to 14 feet, providing ample space for storage and operations. Its flexible design makes it suitable for warehouse, retail, sales, service, or office applications. A key advantage is its location directly across from a new Amazon warehouse facility in Summit County, Ohio, zip code 44320. This proximity benefits from significantly improved highway access and a projected increase in traffic, creating a highly desirable location for businesses seeking high visibility and convenient transportation links. The gross lease structure simplifies occupancy costs. This presents a compelling investment opportunity in a rapidly developing area. The property's size, features, and strategic location combine to offer significant potential for growth and return.

• CAP approach

  CAP return

  Valuation

  6%

  $1,677,362

  6.5%

  $1,548,334

  7%

  $1,437,739

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,414,325

  Geo Method

  $1,414,325

• Alternative Use

  Use

  Valuation

  Residential

  $1,306,078

  Hospitality

  $1,196,360

  Educational

  $995,358

  Medical

  $1,029,590

  Retail

  $1,548,334

Location Insight

City

Akron

County

Summit

State

Ohio

Latitude

41.049

Longitude

-81.5802

CBSA code

10420

CBSA name

AKRON, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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