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2751 Old Home Rd 3,900 SF 74% 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
74%
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
- Build-Out
- Available
Former day care unit with access to outdoor space.
1,000 sq.ft. second floor office suite (large room + small room + restroom). Rent is $750/month plus gas and electric (separately metered). Conveniently located near SR 91 and SR 241.
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl-Ste C | 1,200 SF | Office/Retail | - | Jun 2026 |
| 2nd Fl-Ste D | 1,000 SF | Office | Full Build-Out | Now |
1st Fl-Ste C
| Size |
| 1,200 SF |
| Space Use |
| Office/Retail |
| Build-Out |
| - |
| Available |
| Jun 2026 |
2nd Fl-Ste D
| Size |
| 1,000 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste C
| Size | 1,200 SF |
| Space Use | Office/Retail |
| Build-Out | - |
| Available | Jun 2026 |
Former day care unit with access to outdoor space.
2nd Fl-Ste D
| Size | 1,000 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
1,000 sq.ft. second floor office suite (large room + small room + restroom). Rent is $750/month plus gas and electric (separately metered). Conveniently located near SR 91 and SR 241.
1 1
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Somewhat bikeable
30/100
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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