Akron, Ohio, is a prime location for investing in warehouses, with 16 available listings offering a range of opportunities for businesses and investors. Warehouses in Akron represent a diverse range of investments, from industrial properties for manufacturing and distribution to storage facilities for various industries. With its rich history in rubber and tire manufacturing, Akron has developed a strong infrastructure, including the METRO Regional Transit Authority system, Akron Northside Station, and the Akron Innerbelt and Ohio State Route 8, making it an ideal location for businesses that require easy transportation and logistics. The city's amenities, such as Lock 3 Park, Firestone Park, and the Cuyahoga Valley National Park, also contribute to its appeal. Additionally, Akron is home to various attractions, including the Akron Art Museum, Stan Hywet Hall and Gardens, and the Akron Zoo, making it a great place for business and travel.
Akron's warehouses offer a unique blend of history and modernity, with many properties featuring old and new buildings. The city's diverse economy, which includes manufacturing, education, healthcare, and biomedical research, creates a strong demand for warehouse space. In addition to warehouses, Akron also offers 16 industrial properties, 16 land listings, 16 residential income homes, and 16 commercial real estate listings, providing a range of options for businesses and investors. With its strong infrastructure, amenities, and attractions, Akron is an attractive location for those looking to invest in warehouses or other property types. Overall, Akron's warehouses offer a unique opportunity for businesses and investors to tap into the city's rich history and diverse economy.
What are the key features investors look for in warehouses in Akron?
When searching for warehouses in Akron, investors typically look for key features that ensure a strong return on investment, including:
- Average price per square foot of $53 USD, with an average size of 38,837 square feet and a maximum size of 133,041 square feet, offering ample space for storage and operations.
- A competitive average cap rate of 8.84%, providing a promising yield on investment.
- Proximity to major transportation facilities, such as the Akron Northside Station, Akron Innerbelt, and Ohio State Route 8, ensuring easy access to regional and nationalasley markets, with 16 available listings to choose from.
What size warehouses are available to buy in Akron?
Warehouse buyers in Akron can find properties ranging in size from 38,837 square feet to 133,041 square feet, with an average price per square foot of $53 USD and an average cap rate of 8.84%, among the 16 available listings.
How much does it cost to buy a warehouse in Akron?
When considering purchasing a warehouse in Akron, you can expect to pay an average price of $53 USD per square foot, with the average size of available listings being 38,837 square feet, and the largest size available being 133,041 square feet, with an average cap rate of 8.84%, and with 16 available listings to choose from.
