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2751 Old Home Rd

3,900 SF 76% Leased Office Building Akron, OH 44312 $359,000 ($92/SF) 10.03% Cap Rate

Investment Highlights

  • Located near SR 91 and SR 224

Executive Summary

Solid investment opportunity: this multi-suite commercial building was constructed in 2000

Financial Summary (Pro forma - 2024) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro forma - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
3,900 SF
Building Class
B
Year Built
2000
Price
$359,000
Price Per SF
$92
Cap Rate
10.03%
NOI
$36,008
Percent Leased
76%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,000 SF
Building FAR
0.18
Lot Size
0.50 AC
Zoning
C
Parking
2.98 Spaces per 1,000 SF Leased

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl-Ste A
  • 940 SF
  • Office
  • Full Build-Out
  • Now

940 sq.ft. suite (with ADA restroom) for office or retail use. Conveniently located near SR 91 and SR 241. Separately metered gas and electric. This property is also available for purchase. Possible business / equipment for sale.

Space Size Space Use Condition Available
1st Fl-Ste A 940 SF Office Full Build-Out Now

1st Fl-Ste A

Size
940 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Fl-Ste A

Size 940 SF
Space Use Office
Condition Full Build-Out
Available Now

940 sq.ft. suite (with ADA restroom) for office or retail use. Conveniently located near SR 91 and SR 241. Separately metered gas and electric. This property is also available for purchase. Possible business / equipment for sale.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
51-10144
Land Assessment
$18,869
Improvements Assessment
$27,244
Total Assessment
$46,113
  • Listing ID: 25959185

  • Date on Market: 6/17/2022

  • Last Updated:

  • Address: 2751 Old Home Rd, Akron, OH 44312

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