10 Tallmadge AveAkron, OH 44310

Property Details for 10 Tallmadge Ave

Year built

1960

Construction

FRAME

Lot size

0.34 AC

Property size (Sq ft)

1,402 SF

Property type

Retail properties

Property subtype

Gas stations

APN

68-11899

APU

6811899

Description

This exceptional commercial property, located at 10 E Tallmadge Avenue in Akron, Ohio, presents a unique investment opportunity. Priced at $99,000, this 0.33-acre lot boasts a prime location in a high-traffic area of North Hill, offering excellent visibility and accessibility. Just minutes from the freeway and downtown Akron, the property benefits from convenient access to major transportation routes. The existing building features a blend of office and storage space, complemented by a large garage with an overhead door, a workshop, and a private office. A public restroom and partial fencing enhance the property's functionality. Ample parking is provided by a large concrete parking lot. While the building requires some updates and repairs, its substantial size and versatile layout offer significant potential for a variety of commercial uses. The property's location within a thriving commercial district, surrounded by businesses, restaurants, and convenience stores, further underscores its investment appeal. This is a rare chance to acquire a well-situated commercial property in a desirable Akron neighborhood. The sale is AS-IS

• CAP approach

  CAP return

  Valuation

  6%

  $391,944

  6.5%

  $361,794

  7%

  $335,952

• Comparable approach

  Method

  Valuation

  Relative Method

  $330,481

  Geo Method

  $330,481

• Alternative Use

  Use

  Valuation

  Residential

  $305,187

  Hospitality

  $279,550

  Educational

  $232,582

  Medical

  $240,581

  Retail

  $361,794

Location Insight

City

Akron

County

Summit

State

Ohio

Latitude

41.1019

Longitude

-81.5149

CBSA code

10420

CBSA name

AKRON, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].