701 White Pond DrAkron, OH 44320

Property Details for 701 White Pond Dr

Lot size

0.32 AC

Property type

Retail properties

Property subtype

Parking lots & garages

APN

69-00644

APU

6900644

Description

This exceptional medical office space, totaling 1,100 square feet, is situated within the Neuroscience Center at 701 White Pond Drive, Akron, Ohio, 44320. The property is conveniently located at the high-traffic southwest corner of White Pond Drive and I-77, ensuring excellent visibility and accessibility for patients. This is a multi-tenant building, offering a thriving environment for healthcare professionals. The available space is perfect for a neurologist, specialist, or other medical practitioner looking to establish or expand their practice in a well-established medical hub. The building's prime location in Summit County, Ohio, provides easy access for patients throughout the Akron area. The address is 701 White Pond Drive, Akron, OH 44320. This is a single available space within a larger medical office building. The property type is classified as an office building with a medical office subtype. The building's location offers significant advantages due to its high visibility and proximity to major roadways. This presents a unique opportunity to benefit from the high daily traffic volume in this area.

• CAP approach

  CAP return

  Valuation

  6%

  $3,909,093

  6.5%

  $3,608,393

  7%

  $3,350,651

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,296,084

  Geo Method

  $3,296,084

• Alternative Use

  Use

  Valuation

  Residential

  $3,043,815

  Hospitality

  $2,788,118

  Educational

  $2,319,682

  Medical

  $2,399,459

  Retail

  $3,608,393

Location Insight

City

Akron

County

Summit

State

Ohio

Latitude

41.0972

Longitude

-81.5882

CBSA code

10420

CBSA name

AKRON, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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