971 Turkeyfoot Lake RdAkron, OH 44312

  • Office properties
  • 1,438 SF
For Lease
$12.50/SF/YR View listing

Property Details for 971 Turkeyfoot Lake Rd

Year built
1997
Construction
FRAME
Lot size
0.03 AC
Property size (Sq ft)
1,438 SF
Property type
Office properties
Property subtype
Other office properties
APN
28-12870
APU
2812870

Description

This exceptional 2,080 square foot office/retail space is ideally situated on 619 near Arlington Road in Summit County. The single-story, Class B building, constructed in 1997, sits on a 1.173-acre lot and is zoned B-1. The property features a versatile layout including six individual offices, a dedicated conference room, and a large training room suitable for diverse applications. The strategic placement of restrooms in the hallway maximizes usable space within the suite. Ample on-site parking is available for tenants and their clients. This multi-tenant property presents a fantastic opportunity for businesses seeking a functional and conveniently located space. The property's APN is 2812872, 2815552. One suite is currently available, offering immediate occupancy. The building consists of one structure with a single story. This is a rare opportunity to secure a well-maintained and conveniently located commercial property in a desirable area. The property's versatile layout and ample parking make it an attractive option for a variety of businesses.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $273,475
    6.5%
    $252,438
    7%
    $234,407
  • Comparable approach

    Method
    Valuation
    Relative Method
    $134,511
    Geo Method
    $134,511
  • Alternative Use

    Use
    Valuation
    Residential
    $313,023
    Hospitality
    $286,728
    Educational
    $238,554
    Medical
    $246,758
    Retail
    $371,084
971 Turkeyfoot Lake Rd, Akron, Ohio

Location Insight

City
Akron
County
Summit
State
Ohio
Latitude
40.9751
Longitude
-81.4894
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
$3,036
$4,980
$48,260
$53,240
-
$14,240
$137,870
$152,110

FAQs

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