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530-532 Grant St 51,560 SF 75% Leased Industrial Building Akron, OH 44311 $875,000 ($16.97/SF) 9.08% Cap Rate
INVESTMENT HIGHLIGHTS
- Fully Leased Investment Property
- 6 Drive-In Doors and 1 Dock Door
- Multi-Tenant, Multi-Use Property
EXECUTIVE SUMMARY
Fully leased investment property available for sale near the University of Akron! This multi-tenant, multi-use property is over 51,000 SF and sits on 1.32 acres. The building has 6 drive-in doors, 1 dock door and 3-phase power. This property is centrally located with great access to both I-76 and SR 8. To schedule a showing of this property, please contact Ed Jesson at 330-760-4494.
FINANCIAL SUMMARY (PRO FORMA - 2025) 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 |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2025) 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 | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $875,000 | Rentable Building Area | 51,560 SF |
| Price Per SF | $16.97 | No. Stories | 1 |
| Sale Type | Investment | Year Built | 1929 |
| Cap Rate | 9.08% | Parking Ratio | 1.92/1,000 SF |
| Property Type | Industrial | Clear Ceiling Height | 16’ |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 1 |
| Building Class | C | No. Drive In / Grade-Level Doors | 5 |
| Lot Size | 1.32 AC | Opportunity Zone |
Yes
|
| Zoning | Commerical | ||
| Price | $875,000 |
| Price Per SF | $16.97 |
| Sale Type | Investment |
| Cap Rate | 9.08% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.32 AC |
| Rentable Building Area | 51,560 SF |
| No. Stories | 1 |
| Year Built | 1929 |
| Parking Ratio | 1.92/1,000 SF |
| Clear Ceiling Height | 16’ |
| No. Dock-High Doors/Loading | 1 |
| No. Drive In / Grade-Level Doors | 5 |
| Opportunity Zone |
Yes |
| Zoning | Commerical |
UTILITIES
- Gas
- Water
- Sewer
- Heating
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
- 1st Floor
- 1,000-13,000 SF
- Industrial
- -
- Now
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 1,000-13,000 SF | Industrial | - | Now |
1st Floor
| Size |
| 1,000-13,000 SF |
| Space Use |
| Industrial |
| Condition |
| - |
| Available |
| Now |
1 1
PROPERTY TAXES
| Parcel Number | 68-37906 | Total Assessment | $149,146 |
| Land Assessment | $15,750 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $133,396 | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
68-37906
Land Assessment
$15,750
Improvements Assessment
$133,396
Total Assessment
$149,146
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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530-532 Grant St
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