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    315-319 E Market St Akron, OH 44304

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    For Lease
    $16 SF/Yr ($1,806 /Mo)

    Retail space with high visibility near the University of Akron.

    Property size:
    1,355 SF
    Lot size:
    0.43 Acres

    Property Features for 315-319 E Market St

    General Information

    Size
    1,355 SF
    Lot size
    0.43 Acres

    Source: Cresco Real Estate | Cleveland Agent Alex Smith

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space Near University of Akron

    This retail space is located on the corner of E Market and S Union Street, benefiting from high visibility with over 20,000 vehicles passing per day. The property offers convenient access to Route 8, which sees over 100,000 vehicles daily. Situated less than 5 minutes from downtown Akron and blocks away from the University of Akron, the location benefits from an average household income of over $60,000 within a 5-mile radius. The property offers 1,355 square feet of retail space.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply Law Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Akron
    County
    Summit
    State
    Ohio
    Longitude
    -81.506981
    Latitude
    41.081536

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    FAQs

    What type of property is this?
    Retail space - Retail space with high visibility near the University of Akron.
    Where is this retail space located?
    The property is located at 315-319 E Market St Akron, OH.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: - High visibility corner location (E Market and S Union St) with over 20,000 vehicles per day.; - Convenient access to Route 8 (over 100,000 vehicles per day).; - Less than 5 minutes from downtown Akron.
    (216) 525-1490
    Request Owner's contact information
    315-319 E Market St Akron, OH 44304
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    Akron, OH 44304
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    315-319 E Market St Akron, OH 44304
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