81 Springside DrAkron, OH 44333

Property Details for 81 Springside Dr

Year built

1973

Lot size

1.33 AC

Property size (Sq ft)

9,620 SF

Property type

Office properties

Property subtype

Office buildings

APN

05-00816

APU

500816

Description

This exceptional 3,000 square foot commercial property, located at 81 Springside Drive in Akron, Ohio, presents a unique investment opportunity. Situated on a 1.33-acre lot, this single-story, Class B building was constructed in 1973 and features a single building with multiple suites. The property is zoned B-3 and boasts a convenient location within a thriving plaza. Previously occupied by a Cryotherapy Plus & Luxury Spa, the space offers a well-designed layout including a welcoming reception area, a circular pathway leading to eight private offices, and a functional kitchenette. This versatile space is ideal for a variety of medical or retail uses. The property's convenient location offers easy access for clients and employees. Other established businesses within the plaza include Trained by Trav and Nails 90 & Spa, creating a synergistic environment. The property's Summit County location (APN: 0500816) provides access to a strong local market and excellent infrastructure. This is a rare opportunity to acquire a well-located, adaptable commercial space in a desirable Akron neighborhood. The property's existing infrastructure and layout offer immediate occupancy potential, minimizing upfront investment costs. This space is ready for a new tenant to establish their business and thrive. The 44333 zip code offers excellent accessibility and visibility.

• CAP approach

  CAP return

  Valuation

  6%

  $1,829,504

  6.5%

  $1,688,773

  7%

  $1,568,146

• Comparable approach

  Method

  Valuation

  Relative Method

  $899,855

  Geo Method

  $899,855

• Alternative Use

  Use

  Valuation

  Residential

  $2,094,078

  Hospitality

  $1,918,165

  Educational

  $1,595,890

  Medical

  $1,650,776

  Retail

  $2,482,496

Location Insight

City

Akron

County

Summit

State

Ohio

Latitude

41.1377

Longitude

-81.6449

CBSA code

10420

CBSA name

AKRON, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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