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    2312 Akron Rd Wooster, OH 44691

    For Lease
    Contact for pricing

    Wooster, OH retail space for lease.

    Lot size:
    19,736 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional retail opportunity is located at 2312 Akron Rd, Wooster, OH 44691, at the high-traffic corner of Portage Road and Akron Road (SR 585), conveniently situated just east of the Dix Expressway. Portage Square Plaza offers a variety of inline spaces ranging from 2,181 square feet to a maximum of 14,509 square feet, ideal for a range of businesses. The property boasts a recently resurfaced, expansive parking lot, ensuring ample customer parking. This vibrant shopping center is already home to established tenants including Planet Fitness, Dollar Tree, Mission Thrift, and Dahlia Laundry Center, creating a strong synergy and high foot traffic. A Biggby Coffee is also coming soon, further enhancing the center's appeal and drawing even more customers. In addition to the inline spaces, a freestanding remote ATM opportunity is also available. The property is classified as both Retail and Land, specifically an Outparcel/Pad and Strip Center with multiple tenancies. This prime location in Wayne County, Ohio presents a compelling investment opportunity for businesses seeking high visibility and a thriving commercial environment. The property's strategic location and existing tenant mix make it an attractive option for businesses looking to establish or expand their presence in the Wooster market.

    Property Features for 2312 Akron Rd

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    19,736 SF

    Unit(s) available at that property

    Space
    ATM Opportunity
    Size
    5,227 SF
    Space
    Unit 1-5
    Size
    14,509 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Lerch's Donuts Donut Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Wooster
    County
    Wayne
    State
    Ohio
    Longitude
    -81.908605710801
    Latitude
    40.828125042412

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    FAQs

    What type of property is this?
    Neighborhood center - Wooster, OH retail space for lease.
    Where is this neighborhood center located?
    The property is located at 2312 Akron Rd Wooster, OH.
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    Wooster, OH 44691
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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
    2312 Akron Rd Wooster, OH 44691
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