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Retail Space with National Tenant
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1824 Front St, Cuyahoga Falls, OH 44221

Established commercial setting near retail, dining, and other business uses with redevelopment-area designation.

Property Size5,360 SF
Price / SF$129.66
Days on Market48

Property Features for 1824 Front St

General Information

Standard status Active
Size 5,360 SF
Property subtype RETAIL
Listing Agency: NAI Pleasant Valley - Akron
Listed By: David Whyte · License #SAL.2018002884
Source: Moodyscre
Added: Sep 8 Changed: Oct 14 Last Checked: Oct 24 at 7:31PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Pleasant Valley - Akron

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Investment Insights

Based on property information with market context.

This 5,360-square-foot retail property at 1824 Front St includes a nationally recognized tenant and is positioned within the Cuyahoga Falls Redevelopment Area. The asset is suited to retail-oriented commercial use and offers an established storefront setting.

The property sits just south of the Sheraton Suites and is surrounded by a mix of retail, dining, and commercial uses. Its location within a designated redevelopment area adds an additional planning context for evaluating the property’s future positioning.

Key Highlights

  • 5,360‑square‑foot retail property
  • Nationally recognized, high‑profile tenant
  • Located within the Cuyahoga Falls Redevelopment Area

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$33,960
Cap Rate
4.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$679,200 $679.2K
Cap Rate 7%
$485,143 $485.1K
Cap Rate 9%
$377,333 $377.3K
Market Conditions
NOI Build-Up for 5,360 SF
Gross rent
$50.2K $9.36/SF
− Vacancy
−$1.7K −$0.31/SF
EGI
$48.5K $9.05/SF
− OpEx
−$14.6K −$2.72/SF
NOI
$34.0K $6.34/SF
Area
Summit County, OH
Vacancy
3.30%
Lease Rate
$9.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$679,200
Cap Rate 7%
$485,143
Cap Rate 9%
$377,333

Alternative Uses

Best Use
Retail
$485.1K
$424.5K – $566.0K (±1% cap)
NOI $33,960 @ 7.0% cap · market cap 4.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.32M
$1.15M – $1.53M (±1% cap)
NOI $92,077 @ 7.0% cap · market cap 13.25%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

NAPA Auto Parts ... Auto Parts Store

Suggested Use

Top Pick Real Estate Agency Law Firm Electrical Service Daycare Center Barber Shop Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

919
Businesses Nearby
63k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 76% Hotels & Casinos 20% Dining 4%
Circle K Shops & Services
22,800 visits/mo 0.3 miles
Sheraton Suites Akron/Cuyahoga Falls Hotels & Casinos
12,506 visits/mo 0.1 miles
Huntington Bank Shops & Services
9,261 visits/mo 0.5 miles
Circle K Shops & Services
5,211 visits/mo 0.2 miles
Marathon Shops & Services
5,196 visits/mo 0.2 miles

Demographics for 44221, OH

29,601
Population
14,379
Households
2.1
Avg Household Size
39
Median Age
31%
College-Educated
93%
High-School Grad
6.4 sq mi
ZIP Area
4,625
Density / Sq Mi
$61,893
Median Household Income
$40,060
Median Earnings
$1,026
Median Rent
$160,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Established commercial setting near retail, dining, and other business uses with redevelopment-area designation.
Where is this retail space located?
The property is located at 1824 Front St Cuyahoga Falls, OH.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: 5,360‑square‑foot retail property; Nationally recognized, high‑profile tenant; Located within the Cuyahoga Falls Redevelopment Area
(330) 352-7746 Call to check price and availability
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