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2415 Gilchrist Rd 6,000 SF 100% Leased Industrial Building Akron, OH 44305 $400,000 ($66.67/SF) 7.91% Cap Rate
Executive Summary
Investment opportunity with great highway access. Real estate for sale only. Tenant pays $3,750/mth with 2 years remaining. Loading dock, 10 foot drive in. Office in front with showroom and warehouse in back.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$45,000
|
$8.30
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$45,000
|
$8.30
|
| Taxes |
$9,315
|
$1.72
|
| Operating Expenses |
$4,035
|
$0.74
|
| Total Expenses |
$13,350
|
$2.46
|
| Net Operating Income |
$31,650
|
$5.84
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $45,000 |
| Annual Per SF | $8.30 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $45,000 |
| Annual Per SF | $8.30 |
| Taxes | |
|---|---|
| Annual | $9,315 |
| Annual Per SF | $1.72 |
| Operating Expenses | |
|---|---|
| Annual | $4,035 |
| Annual Per SF | $0.74 |
| Total Expenses | |
|---|---|
| Annual | $13,350 |
| Annual Per SF | $2.46 |
| Net Operating Income | |
|---|---|
| Annual | $31,650 |
| Annual Per SF | $5.84 |
Property Facts
| Price | $400,000 | Lot Size | 0.97 AC |
| Price Per SF | $66.67 | Rentable Building Area | 6,000 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 7.91% | Year Built | 1969 |
| Property Type | Industrial | Parking Ratio | 3.33/1,000 SF |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 1 |
| Building Class | B | No. Drive In / Grade-Level Doors | 1 |
| Price | $400,000 |
| Price Per SF | $66.67 |
| Sale Type | Investment |
| Cap Rate | 7.91% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 0.97 AC |
| Rentable Building Area | 6,000 SF |
| No. Stories | 1 |
| Year Built | 1969 |
| Parking Ratio | 3.33/1,000 SF |
| No. Dock-High Doors/Loading | 1 |
| No. Drive In / Grade-Level Doors | 1 |
Amenities
- Signage
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 67-56196 | Total Assessment | $64,898 |
| Land Assessment | $18,372 | Annual Taxes | $9,315 ($1.55/SF) |
| Improvements Assessment | $46,526 | Tax Year | 2025 |
Property Taxes
Parcel Number
67-56196
Land Assessment
$18,372
Improvements Assessment
$46,526
Total Assessment
$64,898
Annual Taxes
$9,315 ($1.55/SF)
Tax Year
2025
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2415 Gilchrist Rd
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