755 White Pond DrAkron, OH 44320

Property Details for 755 White Pond Dr

Year built

2005

Lot size

1.58 AC

Property size (Sq ft)

2,371 SF

Property type

Office properties

Property subtype

Office buildings

APN

68-61828

APU

6861828

Description

This exceptional Class A office building, located at 755 White Pond Drive in Akron, Ohio, offers a unique opportunity for businesses seeking flexible and modern workspace. The property boasts a total of 45,026 square feet across four stories, with a single building on a 2.275-acre lot. Currently, 22,405 square feet of contiguous space is immediately available, with a minimum divisible space of 2,000 square feet. The building features ample parking with 310 spaces and convenient elevator access. Built in 2005, this property is situated in the Akron submarket of Summit County, offering excellent visibility from I-77 and significant signage opportunities. The building's versatile design accommodates various business types, including executive office suites, medical offices, coworking spaces, and educational facilities. The property is classified as Class A, reflecting its high-quality construction and amenities. Tenant improvement allowances are negotiable, providing flexibility for tenant build-outs. This location within the Akron Canton Kent submarket cluster offers easy access to major transportation routes and a thriving business community. The property is zoned for multiple tenants, making it ideal for a variety of business needs.

• CAP approach

  CAP return

  Valuation

  6%

  $450,910

  6.5%

  $416,225

  7%

  $386,494

• Comparable approach

  Method

  Valuation

  Relative Method

  $221,783

  Geo Method

  $221,783

• Alternative Use

  Use

  Valuation

  Residential

  $516,118

  Hospitality

  $472,762

  Educational

  $393,332

  Medical

  $406,860

  Retail

  $611,850

Location Insight

City

Akron

County

Summit

State

Ohio

Latitude

41.0964

Longitude

-81.5877

CBSA code

10420

CBSA name

AKRON, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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