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2751 Old Home Rd 3,900 SF 76% Leased Office Building Akron, OH 44312 $359,000 ($92.05/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
$92.05
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
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
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.
1 1
PROPERTY TAXES
| Parcel Number | 51-10144 | Improvements Assessment | $27,244 (2025) |
| Land Assessment | $18,869 (2025) | Total Assessment | $46,113 (2025) |
PROPERTY TAXES
Parcel Number
51-10144
Land Assessment
$18,869 (2025)
Improvements Assessment
$27,244 (2025)
Total Assessment
$46,113 (2025)
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2751 Old Home Rd
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