866 Wilbeth RdAkron, OH 44314

  • Retail properties
  • 31,820 SF
For Sale
$900,000 View listing

Property Details for 866 Wilbeth Rd

Year built
1956
Lot size
3.21 AC
Property size (Sq ft)
31,820 SF
Property type
Retail properties
Property subtype
Community centers
APN
67-35583
APU
6735583

Description

This exceptional Akron, Ohio retail property, located at 866 W Wilbeth Rd, offers 81,820 square feet of space in a single-story building situated on a 3.21-acre lot. The property features six suites, with three currently available, ranging in size from 2,000 to 22,000 square feet. Ideal for a variety of retail uses, this shopping center/showroom boasts a 3.21 load factor. The property is zoned U-5 Ordinary Industry, providing flexibility for diverse business types. Its location in Summit County's Firestone submarket, within the Kenmore community of Akron (zip code 44314), offers excellent access and visibility. The property's APN is 6735583. This is a rare opportunity to secure a prominent retail presence in a thriving Akron neighborhood. Contact us today to learn more about leasing options and explore the potential of this exceptional property.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $8,895,611
    6.5%
    $8,211,334
    7%
    $7,624,810
  • Comparable approach

    Method
    Valuation
    Relative Method
    $7,500,636
    Geo Method
    $7,500,636
  • Alternative Use

    Use
    Valuation
    Residential
    $6,926,567
    Hospitality
    $6,344,698
    Educational
    $5,278,714
    Medical
    $5,460,258
    Retail
    $8,211,334
866 Wilbeth Rd, Akron, Ohio

Location Insight

City
Akron
County
Summit
State
Ohio
Latitude
41.0388
Longitude
-81.5584
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
$14,150
$56,410
$103,680
$160,090
-
$161,180
$296,230
$457,410

FAQs

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