Industrial Properties
934 Grant Street Akron, OH 44311
Details & Description
Price: $1,050,000
    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
    • 934 Grant Street Akron, OH 44311 | for Sale | Photo 1
    • 934 Grant Street Akron, OH 44311 | for Sale | Photo 2
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    • 934 Grant Street Akron, OH 44311 | for Sale | Photo 4
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    Building Size: 43,015 SF
    Lot Size: 1.980 AC
    Land Size: 86,248 SF
    Building $/SF: $24.41
    Land $/SF: $12.17
    Price
    $1,050,000
    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:

    Total Households:

    Total Working Age Population:

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    Total Households:

    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.

    Common Questions and Answers

    What is the asking price for 934 Grant Street in Akron?
    The asking price for 934 Grant Street is $1,050,000
    What is the building size of this Industrial property in Akron, OH?
    The size of the building/unit at 934 Grant Street in Akron is 43,015 square feet
    How much land does the Akron, OH property at 934 Grant Street include?
    934 Grant Street in Akron includes 1.980 acres of land
    What kind of Industrial is the propery at 934 Grant Street?
    The property at 934 Grant Street Akron, OH 44311 is listed as a Manufacturing Industrial property
    What is the population within 1 mile of 934 Grant Street in Akron?
    The population within 1 mile of 934 Grant Street Akron, OH 44311 is 14,972 people.
    Who do I contact for questions about 934 Grant Street?
    You should contact the listing agent, Jennifer Fernandez, for any details regarding this commercial listing.

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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
    Price
    $1,050,000
    Listing Agent
    More listings from Jennifer Fernandez
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