Industrial Properties - For Sale
934 Grant Street Akron, OH 44311
Details & Description
Price: $1,050,000
  • Property Type Industrial for Sale : Manufacturing
  • Lot Size Acres 1.980
  • Building Sq Ft 43,015
  • Building Price per Sq Ft $24.41
  • Land Sq Ft 86,248
  • Land Price per Sq Ft $12.17
Multi-tenant industrial property located in the city of Akron. Property is cash flowing at a 14.7% cap rate on the existing NOI. Property consists of 6 overhead doors, 5 dock doors, freezer space, heavy power, and high ceiling heights. Veteran anchor tenants include Buckeye Heating & Air Conditioning Supply, Kandall Transport, Inc. and American Engineering Group.HIGHLIGHTSHigh Cap Rate Property$24.41 per SFTaxes are $10,406 per Year14.7% Cap On Existing IncomeSeveral Drive-In & Dock Doors1.98 AcresBrick / Glass Block ConstructionPartially FencedBuilt In 1949
Additional Photos
Listing Agents
Jennifer Fernandez

O: 330-940-9360
M: 330-573-5933
jfernandez@hoffleigh.com
While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

934 Grant Street

Akron, OH 44311

Listing ID: 219326
$1,050,000
For Sale
  • Property Type Industrial for Sale : Manufacturing
  • Lot Size Acres 1.980
  • Building Sq Ft 43,015
  • Building Price per Sq Ft $24.41
  • Land Sq Ft 86,248
  • Land Price per Sq Ft $12.17
  • 934 Grant Street Akron, OH 44311 | for Sale | Photo 1
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Description

Multi-tenant industrial property located in the city of Akron. Property is cash flowing at a 14.7% cap rate on the existing NOI. Property consists of 6 overhead doors, 5 dock doors, freezer space, heavy power, and high ceiling heights. Veteran anchor tenants include Buckeye Heating & Air Conditioning Supply, Kandall Transport, Inc. and American Engineering Group.

HIGHLIGHTS

High Cap Rate Property

$24.41 per SF

Taxes are $10,406 per Year

14.7% Cap On Existing Income

Several Drive-In & Dock Doors

1.98 Acres

Brick / Glass Block Construction

Partially Fenced

Built In 1949

Attachments & Files
Points of Interest & Demographic Radii
Points of Interest
Demographic Radii
POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
 
Akron History of Industrial Properties for Sale

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Akron Area Market Trends

Listing Demographics for 934 Grant Street Akron, OH 44311

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population14,972101,853218,100
Population Median Age343639
Population by Age0-9 Yrs1801 (12%)13081 (12%)25718 (11%)
10-19 Yrs2112 (14%)13950 (13%)26548 (12%)
20-29 Yrs3743 (25%)19045 (18%)35243 (16%)
30-39 Yrs1728 (11%)12756 (12%)27218 (12%)
40-49 Yrs1619 (10%)11474 (11%)25945 (11%)
50-59 Yrs1694 (11%)13244 (13%)29180 (13%)
60-69 Yrs1294 (8%)10494 (10%)26888 (12%)
70+ Yrs981 (6%)7808 (7%)21360 (9%)
Median HH Income$28,484$32,727$39,762
Total Household Income< 24K2695 (46%)16632 (39%)28951 (31%)
25-49K1744 (29%)12887 (30%)26934 (28%)
50-74K752 (12%)6895 (16%)16466 (17%)
75-99K349 (5%)3447 (8%)9884 (10%)
100-199K247 (4%)2472 (5%)9446 (10%)
200K+37 (0%)229 (0%)1446 (1%)
Highest Education LevelNo Diploma1701958219590
Diploma or GED30292476953734
Some College23301577733608
Assoc. Degree708577613111
Bachelors Degree510604419216
Higher Degree26328019247
Total Housing Units7,02050,100105,779
--Owner-Occupied2,05718,49149,696
--Renter-Occupied3,76724,07143,431
Owner-Occupied Values< 100K18631562832224
100-199K180236113433
200-299K82932634
300-399K093679
400-499K444304
500K+271423
Total Working Age Population12,02781,545177,627
In Work Force7,15049,823110,893
Not In Work Force4,87731,72266,735
Workforce Employed6,22644,332101,905
Workforce Unemployed9235,3878,830
Civlian Workforce7,14949,719110,735
Military Workforce1104157
Total Households5,82442,56193,127
Family Households2,83822,24550,681
Non-Family Households2,98620,31642,446
Married Couple1,1549,63328,424
Other Family1,68412,61222,257
Married w/Child3472,7949,055
Single Male w/Child1471,2422,483
Single Female w/Child8926,1159,582

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Ohio11,353,140+211,536,504011,574,870011,615,100
Stark County378,098-1375,586-2368,210-2361,130
Summit County542,8990541,781-1534,150-1528,990

Total Working Age Population:

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No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

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Closest Commercial Airports
Airport Distance (mi)
Cleveland Hopkins International Airport (CLE) 30
Pittsburgh International Airport (PIT) 78
Erie International Tom Ridge Field (ERI) 99
Listing Agent
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