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711 Johnston St
Akron, OH 44306
$1 Auction – 97K SF | Self-Storage Entitled · Industrial Property For Sale
Investment Highlights
- ABSOLUTE $1 AUCTION | ± 97K SF | Self-Storage Entitled | $1.75M Federal Historic Tax Credits | AUCTION MAY 19-21, 2025
- Proposed 63,535 Rentable SF w/ 503 Climate-Controlled Units | 70 Exterior Drive-Up Units
- $1.75M in Historic Tax Credits Awarded | Tax Credits can be Sold to Investor for $1.25M Equity or Kept by Developer
- Fully Entitled and Permitted Self-Storage Conversion Development Opportunity
- Excellent Visibility along both Johnston Street and Ohio Highway 8 with Traffic Counts over 115K VPD
- Under-Supplied Self-Storage Market | Only 4.41 Net Rentable SF Per Capita within 3-Mile Radius | Market Studies Indicate over 600K SF of Unmet Demand
Property Facts
| Property Type | Industrial | Year Built/Renovated | 1921/1987 |
| Property Subtype | Warehouse | Parking Ratio | 0.06/1,000 SF |
| Building Class | C | Clear Ceiling Height | 12’ |
| Lot Size | 1.62 AC | No. Dock-High Doors/Loading | 4 |
| Rentable Building Area | 98,246 SF | No. Drive In / Grade-Level Doors | 1 |
| No. Stories | 5 | ||
| Zoning | U-4 - Industrial | ||
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.62 AC |
| Rentable Building Area | 98,246 SF |
| No. Stories | 5 |
| Year Built/Renovated | 1921/1987 |
| Parking Ratio | 0.06/1,000 SF |
| Clear Ceiling Height | 12’ |
| No. Dock-High Doors/Loading | 4 |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | U-4 - Industrial |
Amenities
- Air Conditioning
Utilities
- Gas
- Water - City
- Sewer - City
- Heating
Property Taxes
| Parcel Number | 68-30719 | Improvements Assessment | $74,834 |
| Land Assessment | $45,360 | Total Assessment | $120,194 |
Property Taxes
Parcel Number
68-30719
Land Assessment
$45,360
Improvements Assessment
$74,834
Total Assessment
$120,194
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